âThe number of reported directorsâ transactions in Europe has quadrupled in the last eight years. Our EDD product is primarily a response to trader demand for independent information in a standardized format across Europe.
The real-time EDD data clients will receive via our data feed will have an information depth and quality that are unique in Europe,â Holger Wohlenberg, Managing Director of Deutsche BÃ¶rse Market Data & Analytics explained.
Directorsâ dealings information is used as a trading signal and factored into the analysis of investment behavior and trends. As such, it also serves to develop and test investment strategies. The data contained in the information product is prepared with the help of 2iQ Research, the Frankfurt-based specialist for quantitative processing and evaluation of capital market data, and can be easily integrated in tradersâ and analystsâ applications and algorithms. In the past, the use of European Directorsâ Dealings data from numerous sources, in the most varied of formats, and in different languages, has proven time-consuming and inefficient.
The EDD information package will be distributed to clients via the CEFÂ® Core and CEFÂ® DataSelect real-time data feeds. Subscribers include large information providers, investment advisors, institutional investors and trading participants with algorithm-based investment strategies.