The new offering, according to Nexa, was developed for quantitative investment professionals who require research-ready historical equity data to design, test and validate trading strategies and order execution systems.
The product will include cleaned and filtered trade and quote data as of January 1, 2001, and will form part of the Tick Equity Database, an intraday equity database launched last April by Nexa division Tick Data.
The financial services industry has many investment firms who trade on Toronto Stock Exchange (TSX), said Neal Falkenberry, senior vice president of Tick Data. Being able to include such a rich market in our equity data offering increases the reach of TSX’s trade and quote data by making it available for the first time in a truly research-ready format.
