The Chicago Board Options Exchange (CBOE) has entered into an agreement with London-based Intelligent Financial Systems Ltd. (IFS) to provide web-based historical market data, beginning in April 2006.
Information available through the service will include historical data, initially back to 1995, on all 1,895 stock, index and ETF options traded at CBOE, as well as data from other US options exchanges. Data will include all-day bid and ask prices, last sale prices, volume, and daily high-low prices.
“As the definitive source for options trading information, CBOE is committed to delivering the full spectrum of historical market data in a cost-efficient and timely manner,” said CBOE chairman and CEO William Brodsky. “Historical market data is often used for back-casting and certain modelling programs, and the partnership with IFS will greatly expand our ability to provide data on an unparalleled list of products, eventually going all the way back to 1973 when CBOE created the listed options market.”
The web-based application can be accessed though the CBOE’s homepage, and will be available to all customers. The system will be able to handle individual requests as well as large-batch jobs, and will be fully customizable, allowing the user to select the market data criteria, the time frame and the depth of information to be provided. Customers can request standardized monthly reports on a subscription basis, or customized reports tailored to a particular trading strategy or other criteria, on a scaled-fee basis.