Chi-X Europe Limited, operator of the largest pan-European equity multilateral trading facility (MTF), and Intelligent Financial Systems Limited (IFS), providers of historical data and trading applications to the financial markets, today announced the introduction of the Chi-X Europe DataService.
The Web hosted service, which is available immediately at chix.if5.com, provides access to raw Chi-X Europe historical tick and order book data - including the ability to rebuild full depth of book - from 1 August 2008 onwards, as well as integrated search, analytics, custom report generation and data query services.
Commenting on the announcement, Hirander Misra, Chief Operating Officer of Chi-X Europe, said, "We're focused on finding new ways to help our trading participants. Effective and efficient data monitoring and analysis helps our users understand more about their trading patterns and how to use this data 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 Europe's trading participants."
Sabine Toulson, Managing Director of IFS, added, "As part of our offering for investment banks, exchanges and other financial information providers, we have been focusing on the opportunities presented by the arrival of new MTF trading destinations, of which Chi-X Europe was the first. We believe that The Chi-X Europe DataService will provide users with useful raw historical data and insight into the dynamics and liquidity of its order book."