ISE launches Premium Hosted Database

ISE PhD is a fully managed historical tick database that offers full OPRA data including all quotes and trades from all exchanges, U.S. equities level one data, pre-computed implied volatilities and Greeks, full corporate action histories, and ISE Open/Close trade data.

This hosted solution is ideal for full tick or time interval back-testing, validating algorithms, pre/post trade analysis, charting, scanning and time and sales. Subscribers benefit from a "pay as you go" pricing model that is flexible and customized to their specific data requirements. ISE PhD is easily accessible through a web browser interface with pre-defined queries or directly through a standard API. In addition to internet access, a variety of connectivity alternatives are offered for ISE PhD, including a cross-connect at ISE's primary data center (Equinix NY4), through a secure FTP server or via a direct connection from one of many managed connectivity providers, such as BT Radianz.

Jeff Soule, ISE's Head of Market Data, said, "ISE PhD is a unique solution that was designed to meet the growing demand for voluminous amounts of historical market data in a straightforward, cost-efficient manner. By subscribing to a fully hosted solution, customers can avoid the significant infrastructure costs associated with such a large data quantity and also benefit from the user-friendly features of the platform such as pre-defined query tools. ISE PhD offers a flexible approach to using this valuable, high-quality data set for a variety of risk management, research, and analytical tools."

ISE PhD is a joint offering from ISE and Hanweck Associates and uses Hanweck's award-winning, hardware accelerated Volera Engine™ as a source of derived data. In October 2011, ISE and Hanweck Associates launched the ISE Implied Volatilities and Greeks Feed™, a real-time, low-latency data feed that offers tick-level options analytics for all equity, index and ETF options traded on the nine U.S. options exchanges.