The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

EDI and SFB Release a New Options Data Service for North America

Exchange Data International (EDI), a well established provider of Securities Corporate Actions and Reference Data, today announced the launch of its option series data service in partnership with SFB Market Systems, Inc. (SFB) a trusted leader in securities reference data, analytics and related solutions.

EDI and SFB combine their expertise to provide the derivative industry with one single source for pertinent information on listed options contracts. The service currently offers a comprehensive coverage of the US and Canadian options enabling users to easily maintain equity and options symbology and trading information.

“SFB is pleased to announce its new partnership with Exchange Data International (EDI). Together with EDI’s experience within the International markets and SFB’s experience within the U.S. and Canadian markets, this new partnership is a perfect fit and is in direct line with SFB’s planned growth of providing the financial industry with a centralized Global Reference Data platform”, states Lee Clifford, CEO. The explosion of financial data has forced market participants to seek new ways to manage both the quantity and quality of this information and to reduce risk within the financial industry.  “SFB looks at this partnership as an important step in providing critical and accurate financial reference data to its customers who demand excellence along with unrivalled and unparalleled customer service”, says Clifford.

Jonathan Bloch, CEO of EDI says, “We are pleased to work with SFB on developing a robust service providing the industry with the most accurate and reliable options data. We are planning on extending the service coverage to all exchanges worldwide focusing on key markets first and clients’ specific requests.”

Both datasets provide detailed information on all listed options including option contracts reference data, symbology, issue deliverable, corporate actions and open interests. Additional data elements such as intraday strike additions, dividend and end-of-day prices are available for US options and will be added to the Canadian dataset on clients’ request.

With the North American options data service, EDI shows their commitment to focus on both the US and Canadian markets where they’ve recently opened new offices.

Related content

WEBINAR

Upcoming Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

Date: 16 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU...

BLOG

FINOS and Goldman Sachs Release Legend Open Source Data Management Platform

In pursuit of data collaboration and standardisation across capital markets, the Fintech Open Source Foundation (FINOS) and Goldman Sachs have released Legend, the bank’s flagship data management and data governance platform. The source code for five of the platform’s modules is available from FINOS. Goldman Sachs contributed its PURE logical modelling language and Alloy platform...

EVENT

Data Management Summit New York City

Now in its 10th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...