EDI and SFB Market Systems Collaborate to Deliver a New North American Options Data Service

In partnership with SFB Market Systems, Exchange Data International is offering a new options data service covering both the US and Canadian markets.

New York, September 27th, 2011,Exchange Data International (EDI), a well established provider of Securities Corporate Actions and Reference Data, today announced the launch of its option series data service in partnership with SFB Market Systems, Inc. (SFB) a trusted leader in securities reference data, analytics and related solutions.

EDI and SFB combine their expertise to provide the derivative industry with one single source for pertinent information on listed options contracts. The service currently offers a comprehensive coverage of the US and Canadian options enabling users to easily maintain equity and options symbology and trading information.

"SFB is pleased to announce its new partnership with Exchange Data International (EDI). Together with EDI’s experience within the International markets and SFB’s experience within the U.S. and Canadian markets, this new partnership is a perfect fit and is in direct line with SFB’s planned growth of providing the financial industry with a centralized Global Reference Data platform", states Lee Clifford, CEO. The explosion of financial data has forced market participants to seek new ways to manage both the quantity and quality of this information and to reduce risk within the financial industry. "SFB looks at this partnership as an important step in providing critical and accurate financial reference data to its customers who demand excellence along with unrivalled and unparalleled customer service", says Clifford.

Jonathan Bloch, CEO of EDI says, "We are pleased to work with SFB on developing a robust service providing the industry with the most accurate and reliable options data. We are planning on extending the service coverage to all exchanges worldwide focusing on key markets first and clients’ specific requests."

Both datasets provide detailed information on all listed options including option contracts reference data, symbology, issue deliverable, corporate actions and open interests. Additional data elements such as intraday strike additions, dividend and end-of-day prices are available for US options and will be added to the Canadian dataset on clients’ request.

With the North American options data service, EDI shows their commitment to focus on both the US and Canadian markets where they’ve recently opened new offices.