dxFeed Unveils Grenadier: Real-Time Anomaly Detection on Order Book Data

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- dxFeed, a leading market data solutions and index management provider for the global financial industry, launched dxFeed Grenadier, a novel tool designed to deliver real-time inference of market anomalies, empowering traders, investors, and financial institutions to be informed about market shifts and highly atypical order placing activities.

Grenadier leverages state-of-the-art unsupervised machine learning models to detect early signs of potential regime changes, upcoming trade halts, or significant price movements. This innovative service is engineered to provide insights that are important for adaptive model behavior of risk management, market making or trade execution systems.

The key features of dxFeed Grenadier include:

• Anomaly Score API: Provides real-time assessments of market anomaly scores based on Level 2 order book data.
• Reconstructed Order Book API (B2C Pro): Delivers a complete view of the order book as inferred by anomaly-free models.
• Tailored ML Models (B2B): Allows financial institutions and quantitative analysts to customize and fine-tune the models according to their outlier preferences (coming soon).

Grenadier is built on top of dxFeed's own robust technologies, including the Historical Data Lake (HDL) and dxLink, ensuring seamless integration and optimal performance. The tool is available through multiple interfaces:

• dxFeed Widgets: Easy-to-use widgets that integrate into existing platforms.
• A web-based analytics interface for in-depth market analysis.
• Standalone Demo: A standalone application for users to explore Grenadier's capabilities.

The dxFeed Grenadier tool is designed for a wide range of users, including:

• Professional Traders looking for a competitive edge in detecting anomalous activity in order data streams.
• Institutional Investors who require enhanced microstructural signals for risk management systems and trade execution strategies.
• Quantitative Analysts utilizing customized machine learning models for market analysis and forward-looking inference.
• Financial Institutions aiming to integrate models outputs into their data or fraud detection systems.

Grenadier has been designed with user flexibility in mind, offering real-time market insights that help anticipate and react to significant price changes or disruptions, reducing risk and optimizing trade decisions.

"By providing powerful products for anomaly detection, we're enabling our clients to systematically anticipate market shifts," said Anton Antonov, Head of AI and Quant Research at dxFeed. "We tackle the fundamental challenges in modern machine learning – high quality training data, model design, efficient allocation of training and inference compute – to ensure that professionals have access to the newest generation of market microstructural tools."

About dxFeed

dxFeed is a leading market data services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2024 IMD & IRD awards honors, it's the Best Reference Data Managed Service. The Sell-Side Technology Awards 2023 named the firm the Best Infrastructure Provider. dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers).

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Contact dxFeed:
Kate Zapekina
+1 201 685-9280
[email protected] 

SOURCE dxFeed