Deutsche Brse today launched a new service to help its participants analyse their trading behaviour and manage and control the risks they assume as a result.
The new product is a database application based on the daily updated StatistiX data warehouse designed and developed by Deutsche Brse. It can be used by firms for better analysis of their trading behaviour in the trading of equities, warrants and bonds and for efficient support of their portfolio management with key statistical data. Companies have access to the application via the Internet.
“The new service we are offering will expand our product portfolio to include intelligent analysis instruments for securities trading,” says Christoph Lammersdorf, a member of the Executive Board of Deutsche Brse AG. Deutsche Borse adds that the new application is designed with a particular focus on asset managers, risk managers, research and analysis staff and investor relations departments. Deutsche.
The first application based on the StatistiX data warehouse will be a so-called “StatistiX Info Cube Ranking”. The Info Cube Ranking is an interactive database solution for the analysis of securities trading flows. It contains all trading volumes for a given market participant and – in anonymous form – the trading volumes of all market participants, down to the individual securities level and daily basis. The database includes the flow of data on trading volumes from Xetra and the floor of the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierbrse). “With this application, market participants can see their trading activity in the trading of equities, warrants and bonds in relation to the market as a whole, and can thus draw conclusions about their own trading behavior,” says Deutsche Borse. The German exchange will make further analysis products available, step by step, in addition to theInfo Cube Ranking.
The StatistiX data warehouse bundles trading information from a variety of exchange-trading marketplaces and systems and consolidates these data in a central database. Deutsche Brse then makes use of this database to develop information products and analysis tools to support the participants in trading on the exchange with useful evaluations. Deutsche Borsesays the scope of the data in the StatistiX data warehouse will be continually extended to include new data sources.