Market Data Explained: A Practical Guide to Global Capital Markets Information
This book is intended to provide a guide to the universe of data content produced by the global capital markets on a daily basis. Commonly referred to as “market data , the universe of content is very wide and the type of information correspondingly diverse. Jargon and acronyms are very common. As a result, users of marker data typically face difficulty in applying the content in analysis and business applications. This guide provides an independent framework for understanding this diversity and streamlining the process of referring to content and how it relates to today’s business environment.
The book achieves this goal by providing a consistent frame of reference for users of market data. As such, it is built around the concept of a data model – a single, coherent view of the capital markets independent of any one source, such as an exchange. In particular it delineates clearly between the actual data content and how it is delivered (i.e., realtime data streams versus reference data). It shows how the data relates across the universe of securities (i.e., stocks, bonds, derivatives etc.). In this way it provides a logical framework for understanding how new content can be added over time as the business develops.
1. Uniqueness – this is the first comprehensive catalog and taxonomy to be made available for a business audience
2. Industry Acceptance – the framework described in this book is implemented as a relational data model in the industry today and used by blue chip multinational firms
3. Comprehensiveness – there are no arbitrary distinctions made based on asset class or data type (the legacy approach). The model presented in this book is fully cross asset and makes no distinction between data types (i.e., realtime versus historical/reference data) or sources
4. Independence – the framework is an independent, objective overview of how the data content integrates to provide a coherent view of the data produced by the global capital markets on a daily and intra-day basis. It provides a logical framework for referring to the content and entities that are so intrinsic to this industry
*First and only single, comprehensive desk reference to market data produced by the global capital markets on a daily basis
*Provides a comprehensive catalog of the market data and a common structure for navigating the complex content and interrelationships
*Provides a common taxonomy and naming conventions that handles the highly varied, geographically and language dependent nature of the content
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Great Starting PlaceUser Review - 32clicks - Overstock.com
After working with financial data for a couple years I was looking to fill knowledge gaps. I wanted to know basic data definitions and relationships. This book is exactly what I needed. It is sparse ... Read full review
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agencies alphanumeric string announcements asset class Asset-specific business data associated Attribute Definition Instrument business applications Business data Global business data Static business data types capital markets data cash flow Clearing information coded value Collateralized Mortgage Obligations Collective investments common complex Conversion terms corporate actions events counterparties coupon rate cross-referencing CUSIP data class data Global business data model Data source identifiers data Static data data subtype data vendors defined Definition Instrument identifier different schemes entities Examples include Figure financial instruments fixed income Floating rate notes fundamental requirement Global business data identifies issuers identify securities Instrument An alphanumeric international standards investors ISIN issued Issuer & corporate issuer identifier logical framework market data content Market identifiers Municipal bonds Payment information primary keys realtime record relationship result security descriptive data specific Structured products Tax information terms & conditions third parties Trading data typically unit investment trusts usually a number various coding schemes