Basket Calculation Service

Interactive Data Pricing and Reference Data’s Basket Calculation Service^SM provides real-time indicative net asset value (NAV) valuations for exchange traded funds (ETFs).

Through its Pricing and Reference Data and Real-Time Services businesses, Interactive Data has developed the Basket Calculation Service, designed for ETF Sponsors.

Interactive Data’s Basket Calculation Service is powered by:

Pricing and Reference Data’s real-time fixed income valuations engine – designed to provide valuations every 15 seconds for a wide variety of fixed income securities, including municipal bonds, corporates, treasuries and sovereigns. The service is one of the first in the industry built to accommodate a broad range of fixed income ETFs and indices.

Real-Time Service’s PlusFeed^SM service – offering extremely fast, comprehensive coverage of global markets, news and foreign exchange data. 

Services

The Basket Calculation Service calculates Indicative Net Asset Values (NAV) on behalf of ETFs for transmission directly to the exchanges. ETF Sponsors will find this to be a very simple, automated way of publishing the Indicative NAV.

Fixed income, equity and foreign exchange values are refreshed every 15 seconds. These values, in turn, update the indicative NAV.

Each indicative NAV are published directly to the exchanges on behalf of the ETF sponsor every 15 seconds.