Morningstar provides faster access to tick history database

Morningstar provides faster access to tick history database

Morningstar has launched a tool that provides clients with faster and more flexible access to Morningstar Quotes' tick history database.

Morningstar Quotes Archive is offered through Morningstar Real-Time Data, a division of Morningstar, which has a global tick database spanning more than 75 markets and includes nearly six years of full order book tick history for many of the major US and European equity and derivatives exchanges.

Through Morningstar Quotes Archive, clients now have the option of receiving large amounts of data in a quick and flexible way.

Gordon Bloor, chief executive officer of Morningstar Real-Time Data, says: 'Many firms support streaming data feeds in order to extract and store a tick history database. With a streaming data feed comes the need to invest heavily in infrastructure and communications. We have been increasingly asked to undertake some of the heavy processing on behalf of our clients, and Morningstar Quotes Archive achieves this, saving clients time, money, and a great deal of effort.'

Morningstar Quotes Archive provides financial services clients with the ability to request data by symbol, market, field, and date range, to ensure precise and efficient extraction of specific data series. Delivery formats are also flexible with data being delivered either raw including every tick, or processed with configurable formats such as intraday open, high, low, close, and volume bars.

Tick history can be delivered as a one-off extraction or on an ongoing basis with extracts being delivered either hourly or at the end of each trading day. Morningstar Quotes Archive ensures that clients only receive and pay for the market data that they require.

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