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Financial Data Vendor
A financial data vendor provides market data to financial firms, traders, and investors. The data distributed is collected from sources such as stock exchange feeds, brokers and dealer desks or regulatory filings (e.g. an SEC filing). History Financial data vendors have been in existence as long as financial data has been available. The first technology that allowed data vendors to disseminate was the ticker tape starting in the 1870s. Financial data includes "pre-trade" such as bid-ask data necessary to price a financial instrument and post-trade data such as the last trade price and other transaction data. From ticker tape to television cameras, from databases to websites this multibillion-dollar industry provides data utilized in the financial sector. Paper ticker tape became obsolete in the 1960s, as television and computers were increasingly used to transmit financial information. The concept of the stock ticker lives on, however, in the news ticker, scrolling electronic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Data
In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives, and currencies. The market data for a particular instrument would include the identifier of the instrument and where it was traded such as the ticker symbol and exchange code plus the latest bid and ask price and the time of the last trade. It may also include other information such as volume traded, bid, and offer sizes and static data about the financial instrument that may have come from a variety of sources. It is used in conjunction with the related financial reference data that is typically distributed ahead of market data. There are a number of financial data vendors that specialize in collecting, cleaning, collating, and distributing market data and this has become the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Data Processor
Financial data processors are the next layer in the service chain between users of financial data and financial data vendors. Most data is now delivered as bits and byte The byte is a unit of digital information that most commonly consists of eight bits. Historically, the byte was the number of bits used to encode a single character of text in a computer and for this reason it is the smallest addressable un ...s and not in a physical format. Data is fed through web pages and as "raw" data files. Files are either processed by banks or by third-party companies – financial data processors who provide additional added value to those companies who choose to use them. Services offered ;Pricing validation : Price validation services enable users to streamline their operations and reduce the risks inherent in activities such as NAV production. Acting as a managed service provider, a financial data processor will take raw data from the clients' chosen data sources and su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zero2IPO
Zero2IPO () is a publicly listed Chinese media company that focuses on being a service provider to firms in the venture capital (VC) and private equity (PE) industries. The company is known for providing data regarding China's VC/PE scene. Background After graduating from Tsinghua University, Gavin Ni had a brief stint in journalism before moving into VC. In 2000, he founded Zero2IPO. The company grew quickly with a growth rate of 80% per annum and by late 2004 it had a revenue of 10 million yuan. There was a preference to provide research to western VC firms and training for Chinese VC firms. At the time the firm did not have much VC investment activity. During the COVID-19 pandemic, despite disruptions to offline events and business operations, Zero2IPO saw increased demand for its online offerings. In June 2020, Zero2IPO applied for an initial public offering (IPO) on the Hong Kong Stock Exchange (SEHK). The proceeds would be used to expand its geographical covera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wind Information
Wind (Wind Information; ) is a Chinese financial data and software company headquartered in Shanghai. The company produces the Wind Financial Terminal which is considered the largest Chinese domestic alternative to the Bloomberg Terminal. Outside China, Wind has offices in New York, London and Hong Kong. Background In 1998, Wind was founded by Lu Feng. In 2012 Wind sued Hithink RoyalFlush Information Network, a rival company. In its lawsuit, Wind stated that the iFinD terminal infringed on its intellectual property rights. In 2016, the Shanghai No. 1 Intermediate Court ruled in favour of Wind stating Hithink had to cease operating the iFinD terminal and pay 3.35 million yuan to Wind in compensation. In December 2017, the Shanghai High People's Court upheld the ruling but did not say whether Hithink could continue operating the iFinD terminal (which according to Hithink has been modified significantly since the lawsuit started). In March 2019, Li Qiang visited Win ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SIX Financial Information
SIX Financial Information, a subsidiary of SIX Group, is a multinational financial data vendor headquartered in Zurich, Switzerland. The company provides market data which it gathers from the world's major trading venues directly and in real-time or which it also sources on its own. Its database has structured and encoded securities administration data for more than 20 million financial instruments. The firm has offices in 23 countries. History In 1930, Ticker AG was founded in Zurich, Switzerland by a group of Swiss banks. In 1961 it launched the first stock market television service in Switzerland, and was renamed Telekurs Financial. In 1975, Telekurs launched Investdata, the first financial information display in Switzerland. Telekurs began to expand outside of Switzerland in 1990. In 1996, the firm was restructured into a holding company, and launched an expansion of its product range. In 2007, Telekurs acquired part of the Fininfo Group. In 2008, The Telekurs Group me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai DZH
Shanghai DZH Limited (DZH; ) is a Chinese financial data and software company headquartered in Shanghai. Background The company was originally founded as Shanghai Great Wisdom in December 2000 by Zhang Changhong. At the time, its mainly provided stock software services. It was later renamed to DZH. In August 2010, DZH acquired AASTOCKS, a Hong Kong fintech platform. On 28 January 2011 DZH held its initial public offering to become a listed company on the Shanghai Stock Exchange. On 11 April 2011 Bloomberg L.P. sued DZH on grounds of industrial design infringement and claimed 5 million yuan in compensation. DZH stated the designs used are commonly used in the financial data field. On 23 January 2013, Bloomberg L.P. withdrew the lawsuit. In August 2014, DZH planned to acquire Xiangcai Securities in a 9 billion yuan deal that would be the largest deal to date between an A-share listed company and an NEEQ listed company as well as the first instance of an internet c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Refinitiv
LSEG Data & Analytics, formerly Refinitiv, is an American-British global provider of financial market data and infrastructure. The company was founded in 2018 as a subsidiary of Thomson Reuters, which then sold a 55% stake to Blackstone Group LP in August 2018. In October 2019, Blackstone and Thomson Reuters announced the sale of the company to London Stock Exchange Group. LSEG completed the US$27 billion purchase from the two previous owners in late January 2021, and Refinitiv is now a subsidiary of LSEG. The company has an annual turnover of $6 billion, with more than 40,000 client companies in 190 countries. History Refinitiv's predecessors include Thomson Financial. Thomson Reuters sold a 55% majority stake in its Financial & Risk (F&R) unit to private equity firm Blackstone Group LP on October 1, 2018, in a deal which valued the total F&R business at about $20 billion. This business was formed into Refinitiv. Under the deal, Thomson Reuters transferred its complete ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morningstar, Inc
Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services. With operations in 29 countries, Morningstar's research and recommendations are considered by financial journalists as influential in the asset management industry, and a positive or negative recommendation from Morningstar analysts can drive money into or away from any given fund. Through its asset management division, the firm currently manages over . The firm also provides software and data platforms for investment professionals, including "Morningstar Research Portal", "Morningstar Direct" and "Morningstar Advisor Workstation". History Founder Joe Mansueto initially had the idea for Morningstar in 1982 while reviewing mutual fund annual reports he had requested from several prominent fund managers. However, it was only after a year working as a stock analyst for Harris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Markit
Markit was a British financial information and services company that focused on credit derivative pricing. It was founded in 2003 and merged in 2016 with IHS to form IHS Markit. Prior to its merger it had 4,500 employees in 21 offices worldwide and was as an independent source of credit derivative pricing. The company provided independent financial data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services. The company aimed to enhance corporate transparency, reduce financial risk and improve operational economic efficiency. Its client base included institutional participants in the financial marketplace. On 12 July 2016, Markit and IHS Inc. merged in an all-stock merger of equals to form IHS Markit. IHS Markit later merged with S&P Global on 28 February 2022. History Foundation and early years Markit was founded in 2003 by Canadian Lance UgglaCompanies House information in St Albans, outside London, as Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ION Group
ION Group (also known as Ion and Ion Investment Group) is a financial data and software company headquartered in London. The company has expanded rapidly through a series of acquisitions. The ''Financial Times'' has compared it to Bloomberg L.P although it has a low profile. Background After studying at the University of Bologna, Andrea Pignataro later received a doctorate in mathematics from Imperial College London. He then worked as a bond trader in London. While working at Salomon Brothers, Pignataro led a joint venture with Pisa-based software firm List Holdings. The business would become Ion Trading UK, the start of ION. In 1999, Andrea Pignataro left Salomon Brothers in London to establish ION as an independent company. Pignataro also founded an investment firm with fellow traders after leaving Salomon Brothers but by the early 2000s, he was fully focused on Ion. In June 2004, TA Associates made its initial investment in Ion for $44 million. It would make ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intercontinental Exchange
Intercontinental Exchange, Inc. (ICE) is an American multinational financial services company formed in 2000 that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services. Listed on the ''Fortune'' 500, S&P 500, and Russell 1000, the company owns exchanges for financial and commodity markets, and operates 12 regulated exchanges and marketplaces. This includes ICE futures exchanges in the United States, Canada, and Europe; the Liffe futures exchanges in Europe; the New York Stock Exchange, the world's largest stock exchange in terms of total market capitalization of its listed companies; equity options exchanges; and OTC energy, credit, and equity markets. ICE also owns and operates six central clearing houses: ICE Clear U.S., ICE Clear Europe, ICE Clear Singapore, ICE Clear Credit, ICE Clear Netherlands, and ICE NGX. ICE has offices in Atlanta; New York; London; Chicago; Bedford; Houston; Winnipeg; Amsterdam; Calg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hithink RoyalFlush Information Network
Hithink RoyalFlush Information Network (Hithink; ) is a Chinese financial data and software company headquartered in Hangzhou. The company has developed the Tonghuashun mobile app used for stock trading and the iFinD Financial Data Terminal. Background In 1994, Zhejiang University graduate Yi Zheng co-founded his own company, Hangzhou Hexin. Yi acquired the initial capital by writing security analysis software for a securities brokerage he was still an electrical engineering student. In 2001 he founded Shanghai Hexin which was the predecessor to Hithink. In 2007 Shanghai Hexin acquired Hangzhou Hexin and in July it moved to Hangzhou were it was rebranded to Hithink. In 2009, Hithink held its initial public offering becoming a listed company on the ChiNext section of the Shenzhen Stock Exchange. In 2012, Wind Information sued Hithink stating the iFinD Data Terminal infringed on its intellectual property rights. In 2016, the Shanghai No. 1 Intermediate Court ruled in fav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |