Doha, 22 July 2012 - Qatar Exchange today announced the launch of 3 new market data products geared towards market professionals. A set of tools designed to provide market participants with greater market transparency; the new products allow for more accurate market tracking and encourage informed investment decisions.
In addition to the existing XDP real-time data feed, that QE provides to close to 30 data vendors, brokers, TV channels and brokerage firms, the following data products are now available :
(1) Snapshot data feed - Real-time snapshot trading data is available on a per security basis and may be utilized by listed companies for investor relations purposes or by firms offering a broad commentary on the Qatari economy via online services.
(2) Tick Data history - QE offers 'tick data history' i.e. data files containing all trades and best bid and asks for all listed securities across a trading day. The data product is provided to participants performing detailed technical analysis and/or engaging in sophisticated trading strategies.
(3) Index constituent data - QE provides daily index constituent files for those benchmarking to or replicating any of QE's indices. The product provides detailed corporate actions treatment information and enables the market to replicate the index calculation with the inclusion of daily divisor figures.
In conjunction with the additional data products, the QE website now has a dedicated Data Products tab that provides information on all market data services. Participants interested in any of these services should contact realtime@qe.qa
A further website change is to bring all market statistics under a single tab. Market Statistics tab will encompass existing reports (Financial Indicators/Trading Reports/Statistical Reports) whilst also including information (including constituents) on all QE indices. The tab also includes a page headed 'Market Performance' where users can graph benchmark index performance.
Commenting on these additions to QE market data services, Qatar Exchange CEO, Andre Went: "These data products address existing client demand, yet they'll also act to support new market initiatives and products going forward. We're allowing firms to capture traded prices in a simple manner so as to integrate within their online services, whilst also permitting index replication techniques and sophisticated back history testing for the professionals. Our aim is to continually increase market transparency and allow efficient market interaction."
About Qatar Exchange:
Established in 1995, the Doha Securities Market (DSM) officially commenced operations in May 1997. Since then the exchange has grown to become one of the leading stock markets in the GCC region. Following a strategic partnership agreement between Qatar Holding and NYSE Euronext in June 2009, the DSM was renamed the Qatar Exchange (QE). QE currently has 42 listed companies and its market capitalization (end of 2010) is around QR450 billion (US$124 billion). The primary aim of QE is to support Qatar's economy by giving investors a platform through which they can trade fairly and efficiently. QE also provides the public with access to market information, ensures correct disclosure of information, and enforces securities regulations. QE is regulated by the Qatar Financial Markets Authority. For more information, please visit: www.qe.com.qa
© Press Release 2012
