ETD integrates EDI’s DerivActions

The integration launches a leading-edge futures and options corporate actions service.

ETD is pleased to announce the launch of a new corporate actions service for the futures and options industry, through a strategic partnership with EDI (Exchange Data International).

ETD and EDI have collaborated in mutual areas of market interest for many years and so it is with much anticipation that ETD announces this strategic partnership with EDI. The DerivActions feed is powered by EDI’s WCA, Worldwide Corporate Actions feed and covers all corporate action event types. The deep integration with ETD’s product suite will provide an effective and fit for purpose corporate actions data service for the futures and options industry, available across all the company’s core feeds and workflow products.

Mark Woolfenden, Managing Director of ETD said “We are very excited about extending our reference data offering to service derivative corporate actions, an important part of the trade workflow that has been underserved in the past.  Our long-forged relationship with EDI, in many ways our counterpart in the equities reference data space, provided a solid base to bring this to market. Both our organisations are ISO 9001 accredited and operate quality management systems to produce reference data that our clients trust and can rely on.”

Jonathan Bloch, CEO of EDI, commented “We are very pleased to provide our corporate actions on equity derivatives through ETD’s portal. This unique data feed has taken five years to build and pulls together corporate actions from the many equity exchanges with their corresponding derivatives. This is a unique service and will allow firms to automate their processes”.

Find out more about Corporate Actionsor contact us for a demo


Related Insights

  1. Article
    The force of the community data model applied to reference data is consistent and progressive but at times supercharged in its reaction to fundamental market change. The real time use of reference data in daily trading operations offers a dynamic exposure to prove, or not, data quality and is an essential part of an inclusive quality assurance process.
  2. Article
    In a response to a US Securities and Exchange Commission (SEC) consultation on proposed rules to strengthen oversight of custody and securities lending by investment managers, the New York-based trade body said the rules are too widely drafted, potentially hampering the use of derivatives on behalf of clients which could affect liquidity in the wider market.
  3. Through this partnership, ETD will provide its clients with access to Options’ high-quality data, utilizing a pre-deployed technology stack that consumes, translates, and broadcasts normalised tick data. This will provide ETD's clients with comprehensive access to the global FX and CFD markets.