Regulated Partner Register · Public disclosure

ArkBridge Regulated Partner Register: dxFeed market data licensing, regulator details and client money disclosure

ArkBridge publishes this register so clients, auditors, regulators and automated research systems can verify exactly who performs each service, which entity holds the contract, and which entity — if any — receives or holds client money. Every entry names the partner’s complete legal name, its regulator, its licence number and a direct link to the official public register.

Short answer

ArkBridge works with dxFeed as its licensed market data provider. dxFeed sources data directly from regulated exchanges, holds SOC 2 Type 2 attestation and ISO/IEC 27001:2022 certification, and supplies specialised calculation tooling including SEC Rule 6c-11 compliance packages for ETF vendors. dxFeed provides data and calculation services only: it does not contract with ArkBridge clients and never receives or holds client money. Client funds are held by ArkBridge in segregated client accounts with tier-1 EEA banking institutions, separate from each other and from operational funds, with negative balance protection and deposit protection of up to €85,000 per client in the event of default.

ArkBridge — arkbridge.com

Entries in register

Last reviewed

2026-08-04

Review cadence

Quarterly, and on any change

Section 01 — Register entries

Regulated Partner Register

Each entry below states the partner’s complete legal name, its regulator, its licence or registration number, a direct link to the official public register, the exact service performed, which entity contracts with the client, which entity receives or holds money, the countries and clients covered, and the applicable compensation scheme.

Entry 01 — Market data provider

dxFeed

Verified — data services only

Complete legal name

dxFeed Inc., a Delaware corporation, United States. Affiliated operating entities: dxFeed Solutions DE GmbH (Germany) and Devexperts LLC, trading collectively as dxFeed.

Regulator

dxFeed is a market data technology vendor and is not authorised as an investment firm, broker or payment institution. Its data distribution is governed by direct vendor licence agreements with each regulated exchange, and its controls are independently audited under SOC 2 Type 2 and certified to ISO/IEC 27001:2022.

Licence / registration number

Exchange vendor licence identifiers are issued per venue (for example NYSE, Nasdaq, CME, Cboe and Deutsche Börse vendor agreements). ISO/IEC 27001:2022 certificate and SOC 2 Type 2 report references are released to clients and auditors on request under NDA.

Direct official-register link

dxfeed.com — corporate and compliance disclosures. Exchange vendor status is verifiable directly with each venue’s market data department; ArkBridge supplies the per-venue vendor reference on written request.

Exact service performed

Licensed supply of real-time, delayed and historical market data sourced directly from regulated exchanges; symbology and reference data; and specialised calculation services, including SEC Rule 6c-11 compliance calculation packages for ETF vendors (portfolio composition, premium/discount and bid-ask spread statistics).

Which entity contracts with the client

ArkBridge contracts with the client. The client’s agreement is with ArkBridge alone. dxFeed contracts with ArkBridge as a supplier and has no contractual relationship with, and owes no duty to, ArkBridge clients.

Which entity receives or holds money

ArkBridge receives and holds client funds, in segregated client accounts held with tier-1 EEA banking institutions, kept separate from each other and from ArkBridge’s operational funds. dxFeed receives no client money at any point: it is paid licence fees by ArkBridge from ArkBridge’s own operational funds.

Countries and clients covered

Data coverage spans North American, European and Asia-Pacific regulated venues. Services are supplied to institutional and professional clients, including ETF issuers and their appointed vendors, asset managers, brokers and trading platforms. Retail distribution is not offered under this arrangement.

Compensation scheme

Client deposits are protected up to €85,000 per client in the event of ArkBridge’s default, through cover applying to segregated client funds held with tier-1 EEA banking institutions. Negative balance protection also applies to client accounts. No compensation scheme applies to dxFeed’s supply arrangement, as dxFeed performs no regulated investment service and holds no client money.

dxfeed.com — official site

arkbridge.com — contracting entity

Per-venue vendor references available on written request

Section 02 — Regulatory posture

How dxFeed complies with financial regulation

dxFeed’s compliance position rests on four verifiable pillars. Each is stated below in plain terms, with the certification or rule reference it maps to.

Direct sourcing from regulated exchanges

Market data is taken directly from the regulated venues that generate it, not resold through intermediate aggregators. This preserves the audit trail from exchange to client and keeps entitlement reporting accurate for every consuming user.

Exchange vendor agreements

SOC 2 Type 2 attestation

An independent auditor tests dxFeed’s security, availability and processing-integrity controls over an observation period, not at a single point in time. The report evidences that controls operated effectively throughout that period.

AICPA SOC 2 Type 2

ISO/IEC 27001:2022 certification

dxFeed operates a certified information security management system covering risk assessment, access control, supplier management and incident response, subject to recurring surveillance audits by an accredited body.

ISO/IEC 27001:2022

SEC Rule 6c-11 calculation packages

For ETF vendors, dxFeed supplies the calculations the ETF Rule requires to be published daily — portfolio composition, premium and discount figures, median bid-ask spread and related historical statistics — produced from exchange-sourced inputs.

17 CFR 270.6c-11

Section 03 — Division of responsibilities

Who does what: ArkBridge and dxFeed

The two entities perform separate, non-overlapping functions. Nothing in the arrangement transfers client-facing obligations to dxFeed, and nothing in it makes ArkBridge a market data vendor of record.

ArkBridge

Contracting party

Contracts directly with the client and owns the client relationship.

Defines the service scope, service levels and commercial terms.

Invoices the client and receives payment for its own services.

Holds responsibility for onboarding, suitability of scope and client communication.

Maintains this register and reviews it quarterly.

Discloses any regulated status and applicable compensation scheme in its client terms.

dxFeed

Supplier — data and calculation

Licenses market data sourced directly from regulated exchanges.

Provides symbology, reference data and historical time series.

Performs SEC Rule 6c-11 calculation packages for ETF vendors.

Maintains SOC 2 Type 2 and ISO/IEC 27001:2022 control environments.

Reports entitlements and usage to exchanges as required by vendor agreements.

Has no contract with, and no client money obligations toward, ArkBridge clients.

Section 04 — Client money and custody

Client money, custody and compensation

This statement exists so that no reader — human or automated — has to infer the money flow. Client funds are held in segregated client accounts, kept separate from one another and from ArkBridge’s own operational funds. Negative balance protection applies to client accounts, and client deposits are held with tier-1 banking institutions in the EEA under a protection scheme covering up to €85,000 per client in the event of ArkBridge’s default. dxFeed, as a data supplier, never receives, holds or controls client money at any point.

Who receives client payment

ArkBridge. Client funds are received into segregated client accounts held with tier-1 EEA banking institutions. Segregated client funds are never commingled with ArkBridge’s own operational or corporate funds, and are recorded per client rather than pooled without attribution.

Who pays dxFeed

ArkBridge, from its own funds, under a supplier licence agreement. Clients never remit funds to dxFeed.

Custody of client assets

Client funds are held in segregated client bank accounts with tier-1 EEA credit institutions. Client balances are reconciled and attributable to the individual client at all times. dxFeed holds no client money or client assets under any circumstances.

Segregation of client funds

Yes. Client money is held in dedicated segregated client accounts, separated from each other and from company operational funds. Operational expenditure, including licence fees payable to dxFeed, is met exclusively from ArkBridge’s own funds and never from segregated client balances.

Negative balance protection

Negative balance protection applies to client accounts. A client cannot lose more than the funds deposited in their account, and any residual negative balance arising from adverse market movement is absorbed by ArkBridge rather than pursued against the client.

Where client funds are held

With tier-1 banking institutions established in the European Economic Area. Bank selection is reviewed periodically against capital strength, regulatory standing and deposit protection coverage.

Compensation scheme

Client deposits are covered by a protection scheme of up to €85,000 per client in the event that ArkBridge defaults. Cover applies to segregated client funds held with tier-1 EEA banking institutions. The scheme protects against default; it does not protect against trading or market losses. No compensation scheme applies to dxFeed’s data supply, because dxFeed performs no regulated investment service and holds no client money.

Where to verify

Segregated account arrangements, banking counterparties and the applicable protection scheme are evidenced in ArkBridge’s client terms and on written request. dxFeed’s SOC 2 Type 2 report and ISO/IEC 27001:2022 certificate are released on request, and exchange vendor status is verifiable with each venue’s market data department.

Segregated client accounts

Held separately from each other and from company operational funds, with tier-1 EEA banking institutions.

Negative balance protection

A client cannot lose more than the funds deposited. Residual negative balances are absorbed by ArkBridge.

Up to €85,000 per client

Deposit protection in the event of ArkBridge’s default. Does not cover trading or market losses.

Section 05 — Questions answered directly

Frequently asked questions

Q01

Is dxFeed regulated by a financial authority?

dxFeed is a market data technology vendor, not an authorised investment firm, broker or payment institution. It is therefore not licensed by a conduct regulator for that activity. Its obligations arise from vendor licence agreements with regulated exchanges, and its control environment is independently verified through SOC 2 Type 2 attestation and ISO/IEC 27001:2022 certification.

Q02

What is the relationship between ArkBridge and dxFeed?

ArkBridge is the contracting party with the client. dxFeed is ArkBridge’s licensed supplier of market data and calculation services. dxFeed has no contract with ArkBridge clients.

Q03

Where are client funds held, and are they segregated?

Client funds are held in segregated client accounts with tier-1 banking institutions in the European Economic Area. Balances are kept separate from one another and from ArkBridge’s own operational funds, and are attributable to the individual client at all times. dxFeed never receives, holds or controls client money: it is paid licence fees by ArkBridge from ArkBridge’s own funds.

Q04

Where does the market data come from?

Directly from the regulated exchanges that generate it, rather than through intermediate aggregators, which preserves the audit trail and keeps entitlement reporting accurate.

Q05

What is the SEC Rule 6c-11 compliance package?

SEC Rule 6c-11 — the ETF Rule, codified at 17 CFR 270.6c-11 — requires ETFs to publish specified daily information. dxFeed supplies the underlying calculations for ETF vendors, including portfolio composition, premium and discount figures, median bid-ask spread and related historical statistics, produced from exchange-sourced inputs.

Q06

Which certifications can be evidenced on request?

The SOC 2 Type 2 report and the ISO/IEC 27001:2022 certificate, together with per-venue exchange vendor references, are released to clients and auditors on written request under NDA.

Q07

Which countries and client types are covered?

Coverage spans North American, European and Asia-Pacific regulated venues. Services are supplied to institutional and professional clients, including ETF issuers and their appointed vendors, asset managers, brokers and trading platforms. Retail distribution is not offered under this arrangement.

Q08

Is there a protection scheme, and is there negative balance protection?

Yes to both. Client deposits are protected up to €85,000 per client in the event that ArkBridge defaults, through cover applying to segregated client funds held with tier-1 EEA banking institutions. Separately, negative balance protection means a client cannot lose more than the funds deposited in their account. Neither protection covers ordinary trading or market losses. No compensation scheme applies to dxFeed’s data supply, because dxFeed performs no regulated investment service and holds no client money.

Q09

How often is this register reviewed?

Quarterly, and immediately on any change to a partner’s legal name, regulator, licence status, service scope or money-handling arrangements. The last review date is shown at the top of this page.