BMLL Partners With SpiderRock to Expand Cross-Asset Market Analytics

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BMLL, the leading independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equities, ETFs, futures and US equity options, today announced that SpiderRock’s Options Print Set data is available through the BMLL Data Lab.SpiderRock Options Analytics Now Available in BMLL Data LabThe addition of SpiderRock’s Options Print Set data enhances BMLL’s cross-asset research environment, enabling clients to analyse the interaction between options markets and underlying cash equity behaviour within a single framework. By combining SpiderRock options print level analytics with BMLL’s high-quality historical equity data, users can explore how dealer positioning, hedging flows and volatility conditions influence intraday price formation and liquidity.Through the BMLL Data Lab, clients will be able to access SpiderRock’s options print level implied volatility and Greeks data alongside BMLL’s historical equities, futures and options market data to support quantitative research, strategy development and market structure analysis. This provides a unified environment for studying how options hedging flows affect spot liquidity patterns, and how underlying market microstructure in turn affects options pricing and risk.Joint White Paper Highlights the Power of Cross-Asset ResearchThe launch is supported by a joint white paper, which demonstrates how SpiderRock’s options analytics can be used alongside BMLL’s intraday equity data to estimate dealer gamma positioning and analyse resulting price dynamics in the underlying stock. The paper shows how net short-gamma positioning can amplify intraday momentum through delta-hedging activity, and how these dynamics can be studied systematically using an integrated data approach.Elliot Banks, Chief Product Officer, BMLL, said: “At BMLL, we are focused on giving clients access to the data they need to answer increasingly complex cross-asset questions. Making SpiderRock’s options print analytics available in the BMLL Data Lab allows users to combine SpiderRock’s options analytics with detailed historical market data in one environment, helping them accelerate research and generate deeper insight into market dynamics.”Craig Iseli, Chief Operating Officer at SpiderRock, added: “SpiderRock’s options analytics are designed to help market participants better understand volatility and risk. Making this data available through BMLL Data Lab extends that value further, enabling clients to connect options market signals with underlying equity behaviour and supporting more advanced quantitative and market structure research.”The availability of SpiderRock data in BMLL Data Lab marks a further step in BMLL’s strategy to bring together high-value partner datasets with its own historical market data and analytics, helping clients accelerate research and unlock new trading and market intelligence use cases. The BMLL and SpiderRock partnership allows institutional clients to better understand, predict, and capitalise on the complex market interdependencies between equity spot and options markets.NoYesTrading Systems23 Apr, 2026