Qatar Exchange unveils new data tools to boost market transparency

Qatar Exchange (QE) Sunday announced the launch of three new market data products that would allow for more accurate tracking of the market and encourage professionals to make informed investment decisions. These are a set of tools designed to provide participants with greater market transparency, QE said in a media statement today. In addition to the existing XDP real-time data feed, that QE provides to around 30 data vendors, brokers, television channels and brokerage firms, the following three data products are now available - 1. Snapshot data feed - Real-time snapshot trading data is available on a per security basis and can 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' which are. 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. Commenting on these additions to QE market data services, QE CEO, Andre Went said, "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." 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, QE informed.