BMLLTechnologies has brought SpiderRock's US equity options analytics into itscloud research environment, giving Data Lab users access to the technologyfirm's Options Print Set data alongside BMLL's own historical order bookrecords across equities, ETFs, futures and options.Singapore Summit: Meet the largestAPAC brokers you know (and those you still don't!)Options Print Set Lands inBMLL Data LabUnder thearrangement, clients working in the Data Lab will be able to pull SpiderRock'sprint-level implied volatility and Greeks data alongside BMLL's Level 3, 2 and 1 market data for equities,futures and options. The twocompanies said the combined environment is meant to support quantitativeresearch, strategy development and market structure work, though neither firmnamed initial users or disclosed how many clients have already signed up to thejoint offering.ElliotBanks, chief product officer at BMLL, said the integration is designed to helpusers tackle "increasingly complex cross-asset questions," addingthat the goal is to help them "accelerate research and generate deeperinsight into market dynamics."The tie-upis the latest product collaboration BMLL has stacked on top of its corehistorical dataset since being acquired by Nordic Capital last October,following this week's disclosure of nine new hires acrosspartnerships, sales, revenue operations, finance and engineering. Pricing for the new datasetchannel was not disclosed.Chicago-basedSpiderRock is a trading technology vendor whose Data and Analytics arm sellsinstitutional-grade options data to hedge funds, bank trading desks andproprietary trading firms. The companyalso runs a broker-dealer, SpiderRock EXS, and a cloud-based trading platformfor options strategies, according to its website.Joint White Paper ModelsDealer Gamma and Hedging FlowsThe datalaunch is backed by a joint white paper that the two firms say illustrates howSpiderRock's options analytics can be paired with BMLL's intraday equityrecords to estimate dealer gamma positioning and track how that positioningplays out in the underlying stock. The paperargues that net short-gamma exposure can amplify intraday momentum throughdelta-hedging activity, a dynamic the companies say can be studiedsystematically using the integrated dataset.CraigIseli, chief operating officer at SpiderRock, said in a statement that"SpiderRock's options analytics are designed to help market participantsbetter understand volatility and risk," and that distributing them throughBMLL's research platform extends that use case further.OPRA Push Puts BMLL Into aBusier US Options Data MarketTheSpiderRock deal marks another step in BMLL's gradual build-out in US equityoptions, a segment where the company has been layering partner content on topof its own OPRA dataset. BMLL first launched six years ofnanosecond OPRA datain November 2024, and in early 2025 expanded an existing partnership with Exegyto stitch historical OPRA records to Exegy's real-time feed, targeting clients moving fromresearch to production.Rivals inthe US options analytics space include Cboe's LiveVol unit, which sellshistorical options data and analytics through Cboe DataShop, and OptionMetrics,whose IvyDB datasets have long been a reference point for academic andquantitative research. ICE DataServices and Nasdaq also distribute historical options content, while Bloombergand Refinitiv sit above the niche with broader cross-asset researchenvironments. Partnerships Stack Up aYear After Nordic Capital DealTheSpiderRock integration slots into a pattern BMLL has followed across the pasteight months, bolting partner data onto its cloud platform rather than buildingevery dataset in-house. InFebruary, the firm teamed up with Features Analytics on market abuse benchmarkingproducts. In March, it opened a year-long pilot withTradefeedr toextend transaction cost analysis from FX into equities and futures. Earlierthis month, the London-based firm plugged its order book records intoDatabricks, addinganother cloud distribution channel.This article was written by Damian Chmiel at www.financemagnates.com.