Deutsche Börse expands European Directors' Dealings data service

Source: Deutsche Börse

Deutsche Börse is expanding its European Directors' Dealings (EDD) data service to include seven more countries.

Verified and standardized data on insider transactions is now also available from the Czech Republic, Estonia, Finland, Latvia, Lithuania, Poland, and Portugal.

Deutsche Börse Market Data & Analytics has been offering information on insider transactions from Austria, Belgium, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland and the UK since September last year.

Before the EDD product was introduced, the use of European Directors' Dealings data from numerous sources, in the most varied of formats, and in different languages, was time-consuming and inefficient. The EDD information product is distributed to clients directly via Deutsche Börse's CEF real-time data feed or through information providers. With the DAXplus European Directors' Dealings indices Market Data & Analytics adds another three innovative strategy indices to the EDD offering.

Transactions in a stock corporation's securities conducted by its executive and supervisory boards as well as their family members are collated, adjusted, verified and then made available in a standardized format. Market Data & Analytics publishes these insider transactions from across Europe harmonized and consolidated in one data feed.

Directors' dealings information is used as a trading signal, among other things. It is factored into the analysis of investment behavior and trends. As such, it also serves investment advisors, institutional investors and other trading participants in developing and testing investment strategies. The data contained in this information product is easy to integrate in traders' and analysts' applications and algorithms.

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