MarketPrizm Offers Full Depth Historic Data on Global Exchanges

London based MarketPrizm, a provider of ultra-low latency market data and trading infrastructure services, has announced that it is extending its range of market data products to offer historic data. The firm will offer high quality historic data from major exchanges to financial services firms. The data can be downloaded and used for simulation models to test investment strategies before putting them into the live market.

After extensive research in the market, MarketPrizm has found that the quality of data is a key factor for users when assessing solutions. MarketPrizm will provide full depth historic data captured and time stamped in Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term, with the initial phase covering the most recent three months’ worth of historic data. Data will be provided for the markets where MarketPrizm currently offers data services and will cover equities, commodities and derivatives.

According to a spokesperson at MarketPrizm, the service will capture the most recent three months’ worth of historic data. In addition, the Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term will offer users the ability to take advantage of MarketPrizm’s infrastructure for data storage and delivery, thus eliminating the need for them to set up and maintain their own data storage solution. Instead, clients will be given a log-in to access the data in which they are most interested and for which they are approved. The European infrastructure will be based in London while the Asia infrastructure will be based in Tokyo.

MarketPrizm recently announced the launch of its Hong Kong office, thus signifying the firms growing nature and the wider use of low latency solutions in Asia.

The new service will initially be rolled out in Europe in Q4 2013, after which it will be available in Asia.