The investment will fuel the company's global expansion and product development.
At the same time, Optiver will integrate BMLL's data into its trading operations.
BMLL, a provider
of historical financial market data and analytics, has secured $21 million in the
latest investment round led by global market maker Optiver. This latest financing
follows BMLL’s $26 million Series B round almost two years ago.
BMLL Raises $21 Million in
Strategic Investment Led by Optiver
The company has added over 40 equities and futures datasets worldwide during the last 18 months, now covering 98% of the MSCI All Country World Index. BMLL's data and
analytics, which span more than 100 global trading venues, are utilized by a
diverse range of market participants, brokers, and regulators.
Paul Humphrey, CEO of BMLL
“We
have an incredibly diverse team of supporting investors, with deep-seated
global market and technology expertise, and we are poised to scale the business
further as we build out and scale our data feed business and futures coverage
and wider product offering globally,” commented Paul Humphrey, the CEO of BMLL.
The funding
round also saw participation from existing investors FactSet, Nasdaq Ventures,
and IQ Capital's Growth Fund, with CTC Venture Capital joining as a new
investor.
As part of
the investment, Optiver will integrate BMLL's historical Level 3, 2, and 1 data
into its trading operations, using it to enhance algorithm development,
execution analysis, and market surveillance.
Pat Cooney, Managing Director of Optiver Europe
“The high
quality of BMLL's data, their advanced analytics tools and their best-in-class
team have together significantly improved our ability to generate insights that
influence our strategies,” commented Pat Cooney, Managing Director of Optiver Europe.
“We believe these benefits can extend beyond our firm and provide substantial
value to other market participants as well.”
The
investment underscores a growing trend in the financial industry towards a
“buy-to-build” model for market data infrastructure. Rather than
developing and maintaining their own historical data capabilities, firms are
increasingly turning to specialized providers like BMLL for ready-to-use data
sets.
This latest
funding round follows BMLL's $26 million Series B round in October 2022, which
included investments from FactSet, Nasdaq Ventures, and IQ Capital's Growth
Fund. Snowflake Ventures later joined that round in September 2023.
BMLL's Recent Partnerships
and Data Initiatives
BMLL has
been actively expanding its partnerships and data offerings throughout the
year. In June, the company announced a
partnership with INQDATA, a cloud-based data solutions provider. This
collaboration enables financial market participants to access BMLL's extensive
historical market data within their kdb+ environment.
Earlier in
the year, BMLL joined forces with CCData, an FCA-authorized benchmark
administrator specializing in digital asset data solutions and settlement
indices. This partnership aims to streamline access to data across both
traditional and digital asset markets, providing users with a more
comprehensive view of the financial landscape.
In January,
BMLL completed the first phase of its program to improve customer access to
datasets. The company made three datasets available via the Snowflake
Marketplace, allowing customers to access and analyze BMLL's data easily.
BMLL, a provider
of historical financial market data and analytics, has secured $21 million in the
latest investment round led by global market maker Optiver. This latest financing
follows BMLL’s $26 million Series B round almost two years ago.
BMLL Raises $21 Million in
Strategic Investment Led by Optiver
The company has added over 40 equities and futures datasets worldwide during the last 18 months, now covering 98% of the MSCI All Country World Index. BMLL's data and
analytics, which span more than 100 global trading venues, are utilized by a
diverse range of market participants, brokers, and regulators.
Paul Humphrey, CEO of BMLL
“We
have an incredibly diverse team of supporting investors, with deep-seated
global market and technology expertise, and we are poised to scale the business
further as we build out and scale our data feed business and futures coverage
and wider product offering globally,” commented Paul Humphrey, the CEO of BMLL.
The funding
round also saw participation from existing investors FactSet, Nasdaq Ventures,
and IQ Capital's Growth Fund, with CTC Venture Capital joining as a new
investor.
As part of
the investment, Optiver will integrate BMLL's historical Level 3, 2, and 1 data
into its trading operations, using it to enhance algorithm development,
execution analysis, and market surveillance.
Pat Cooney, Managing Director of Optiver Europe
“The high
quality of BMLL's data, their advanced analytics tools and their best-in-class
team have together significantly improved our ability to generate insights that
influence our strategies,” commented Pat Cooney, Managing Director of Optiver Europe.
“We believe these benefits can extend beyond our firm and provide substantial
value to other market participants as well.”
The
investment underscores a growing trend in the financial industry towards a
“buy-to-build” model for market data infrastructure. Rather than
developing and maintaining their own historical data capabilities, firms are
increasingly turning to specialized providers like BMLL for ready-to-use data
sets.
This latest
funding round follows BMLL's $26 million Series B round in October 2022, which
included investments from FactSet, Nasdaq Ventures, and IQ Capital's Growth
Fund. Snowflake Ventures later joined that round in September 2023.
BMLL's Recent Partnerships
and Data Initiatives
BMLL has
been actively expanding its partnerships and data offerings throughout the
year. In June, the company announced a
partnership with INQDATA, a cloud-based data solutions provider. This
collaboration enables financial market participants to access BMLL's extensive
historical market data within their kdb+ environment.
Earlier in
the year, BMLL joined forces with CCData, an FCA-authorized benchmark
administrator specializing in digital asset data solutions and settlement
indices. This partnership aims to streamline access to data across both
traditional and digital asset markets, providing users with a more
comprehensive view of the financial landscape.
In January,
BMLL completed the first phase of its program to improve customer access to
datasets. The company made three datasets available via the Snowflake
Marketplace, allowing customers to access and analyze BMLL's data easily.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
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We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
