Tick Data, the market data division of Nexa Technologies, a subsidiary of Penson Worldwide (NASDAQ: PNSN), today announced the addition of Japanese Tick Equity Data to its offering of historical intraday market data.
The new Japanese Tick Equity Database includes trade and quote data for equities traded on Japan's six major stock exchanges back to January 2003. Data will be sourced from Nikkei America, Inc., and will cover equities listed on the Tokyo Stock Exchange, Osaka Stock Exchange, Nagoya Stock Exchange, Fukuoka Stock Exchange, Sapporo Stock Exchange and Hercules Market. With more than 20 years of experience collecting, validating, cleaning, and providing historical trade and quote market data, Tick Data is considered a pioneer and leader in the field.
As technological advances and regulatory changes have opened new markets to foreign investment and cross-border trading, interest in Asian markets has increased significantly. Much of this demand comes from algorithmic and automated traders who require historical market data to develop, test, and optimize their models. These traders look to Tick Data to provide research-ready data for their analysis, and Tick Data continues to seek out markets of interest to the world's automated traders. While this is the first Asian market offered by Tick Data, the firm expects to expand its coverage further into this region in the near future.
"With interest in Asian markets on the rise, and little commercially-available history data for these markets, we are happy to pioneer such a database," said Neal Falkenberry, SVP of Nexa's Tick Data division. "It is our goal to assist all traders, including cross-border traders looking for data in foreign markets, to overcome the challenges related to acquiring historical market data. This database, which complements our Pan-European data series, is an important step towards achieving that goal."
As with all of Tick Data's equity-based products, the Japanese Tick Equity Database is fully supported with corporate action information, and is cleaned, validated, and mapped using Tick Data's proprietary method, with updates available on an ongoing basis.