DataX is widely recognized as a leading market data service for derivatives, with wide coverage and high quality data in implied volatility surfaces, correlation and a large range of curves including interest rates, inflation, OIS, credit and implied forwards for equities.
This service provides middle- and back-office professionals, risk managers, controllers and auditors with quality and independent market risk reference data for commodities, energy, equities, FX and interest rates derivatives.
Our market data is neutral and independent as a result of persistent use of broad data contribution, consistently generating the high quality and unbiased pricing information that truly reflects the market rates.
We use a huge variety of data sources, ranging from top tier banks and international interdealer brokers to smaller regional banks and local brokers, as well as utility companies, the largest commodity and energy producers, our customers, our network, data aggregators and exchanges. We believe our data sources are the most diverse and high quality, and we constantly work to ensure that we deliver the best possible analyzed data available.
DataX’s risk reference data includes volatilities, yield and forward curves, expected dividend and correlation, as well as data that is scarce or unavailable elsewhere, such as volatilities for long-dated or extremely out-of-the-money (OTM) contracts.
Our market data is more than a simple averaging process of data; for example, in generating volatility surfaces, we replicate the activities of an option desk, building a live implied volatility surface. We constantly observe indicative prices, quotations, real-market transactions for vanilla options, straddles, strangles, cylinders and other spread options. We then apply advanced analytics to fit these observations to a consistent surface. The surface is constantly gauged against new data that is fed into SDX and is regularly displayed to thousands of derivative traders around the world who also provide their feedback in real time. The richness and depth of the data we offer includes illiquid, localised and implicit products and rates in all asset classes.
Our data team works 24 hours a day, 5 days a week, observing the OTC markets; on a typical day they process over 3 million inputs – or around 35 data points a second. An array of automated data monitors and alerts collect inputs from our sources.
One of the most powerful aspects of our service is the ability it provides to obtain data for assets and securities that are not common and rarely quoted elsewhere. For example, we source data from a plethora of inter-dealer brokers, market makers and third party specialized data vendors of local ,regional and global banks in emerging market countries; we then provide the information across asset classes in emerging markets for volatilities, rate curves and stocks and indices surfaces. We also have the ability to obtain data of credit curves, options and volatility surfaces, and implied dividends for stocks whose options market is relatively illiquid.
Comprehensive multi-asset coverage