Chi-X Europe, a subsidiary of Instinet Europe, and Intelligent Financial Systems, a provider of data and trading applications, have introduced Chi-X Europe DataService.
The web hosted service provides access to raw Chi-X Europe historical tick and order book data – including integrated search, analytics, custom report generation and data query services.
Hirander Misra, COO of Chi-X Europe, said: We are 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 Intelligent Financial Systems’s (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, said: 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.
