Thomson Reuters has enhanced its tick history data service, Tick History 2.0, to provide the financial industry with a powerful tool for developing algorithmic and systematic trading strategies and assist in meeting MiFID II requirements in 2018.
The solution assists institutions in complying with MiFID II, by incorporating additional reference data fields to capture the new data sources and venues under MiFID II.
Tick History 2.0 provides greater breadth and depth of historical time series, a wider range of content sets and improved search functionality. Data is recorded from Thomson Reuters Elektron Real Time Feeds covering both OTC and exchange traded instruments across 500+ trading venue, with coverage dating back to 1996.
Thomson Reuters Tick History enables financial institutions to build and back-test trading strategies, perform quantitative research and analytics, conduct market surveillance, and implement trading compliance solutions.
“The markets have moved towards greater use of quantitative, passive and systematic investment strategies, and inclusion of quantitative factors in fundamental investment styles, all of which are driving the need for more data,” says Brennan Carley (pictured), global head of Enterprise Proposition and Product Management, Thomson Reuters. “The new features of Tick History offer both buy-side and sell-side a powerful trading and compliance tool that is both flexible and scalable based on the needs of the institution.”
