Definition ∞ Cross-market data comprises information aggregated from various financial markets, including traditional exchanges and digital asset platforms, to offer a comprehensive perspective on asset pricing and trading activity. This data includes order books, trade volumes, and historical price movements across diverse venues. Analyzing cross-market data assists participants in identifying trends, arbitrage opportunities, and systemic risks.
Context ∞ The integration and analysis of cross-market data are increasingly important for institutional participants in the digital asset domain. As cryptocurrencies gain acceptance, their correlations with traditional assets become more relevant for risk management and investment approaches. The demand for robust data infrastructure capable of processing information from diverse markets continues to grow.