Dalian Commodity Exchange Launches Level 2 Feed

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Dalian Futures Information Technology, the technology arm of China's Dalian Commodity Exchange has this week officially launched the Level 2 datafeed it began developing last year (IMD, Oct. 9, 2012) to provide more in-depth data to institutional investors involved in algorithmic trading, risk management and trading strategy development.

The Level 2 feed provides five levels of market depth, updated every 0.25 seconds, whereas its Level 1 datafeed only displays the best bid and offer, and updates twice per second.

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