Expected to help clients better understand trading patterns and anticipate future trading opportunities
Chi-X Canada ATS and Intelligent Financial Systems (IFS), a software company providing a range of real time and historical market data analysis services, have introduced Chi-X Canada Data Service. The web hosted service, which is available via FTP (file transfer protocol), provides access to raw Chi-X Canada historical tick and order book data – including the ability to rebuild full depth of book – from August 6, 2009, as well as integrated search, analytics, custom report generation and data query services.
Additionally, IFS also offers a similar service for Chi-X Canada’s sister platform, Chi-X Europe, allowing users to re-create full-depth Chi-X Europe order book from August 1, 2008 onward.
Dan Kessous, COO of Chi-X Canada, said: “The ability to efficiently analyze historical trading data will help our clients better understand trading patterns and how to anticipate future trading opportunities. We were impressed with IFS’s approach and proven historical market data services and believe that they are well positioned to help Chi-X Canada’s clients.”
Sabine Toulson, managing director of IFS, said: “The new alternative trading platforms around the world clearly present our clients with tremendous new opportunities to generate alpha. We believe that the Chi-X Canada Data Service will provide users with useful raw historical data and insight into the dynamics and liquidity of its order book.”