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Hi Andy,
Right now we don't have any immediate plans for Canadian or
European data. We tried to come up with a decent LSE feed about a year and
a half ago, but found that there were significant problems with regards to the
way the LSE provides data.
There are multiple trading systems, some market-maker
driven, some electronic order book and some a hybrid of the two. Some
stocks traded on multiple systems. There was also a problem in that many
markets were reported as a mid-point between the bid and ask, rather than the
actual trades that went through. This, we think, was due in part to the
LSE allowing trades to be reported up to two hours later than they
occur.
We surveyed multiple data sources for the data and found
that there were rarely agreements between the different data sources.
Given the unreliability of such data, we decided that it was prudent not to
offer data that was so inaccurate. We'll have another look at it in the
future - hopefully the LSE will have a definition of what they consider to
be the official open, high, low, close and volume.
Best regards,
Richard
Dale.
Norgate Investor Services
- Premium quality Stock, Futures and
Foreign Exchange Data for
markets in Australia, Asia, Canada, Europe,
UK & USA -
Richard,
Lots of rave reviews
lately which is great to see. The only thing stopping me personally from
switching right now is this question of coverage. Any comments on whether you
intend to cover the Canadian and/or European (esp. LSE) markets in the near
future?
Andy
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