The price data provided in our web application is sourced from ICE Data Services Europe Ltd. This organization is known for its accurate and reliable financial data services, which include comprehensive market data across various asset classes.
What type of price data do we use?
Our application utilizes the Open, High, Low, Close (OHLC) price data format. This data type is commonly used in trading and provides a complete view of price movements within a specific time frame. Here’s a brief overview of each component:
Open: The price at which a security first trades upon the opening of an exchange on a trading day.
High: The highest price at which a security trades during the trading day.
Low: The lowest price at which a security trades during the trading day.
Close: The price of the last trade of a security at the conclusion of a trading day.
How can you use this data?
This OHLC data can be extremely useful for making informed trading decisions. By analyzing the high, low, open, and close, traders can gauge market sentiment and volatility for a particular security. This information can be used to perform technical analysis, helping to predict future market movements and inform trading strategies.
Why do we choose ICE Data ServicesEurope Ltd as our data source?
ICE Data ServicesEurope Ltd is chosen for its reputation and the authoritative data it provides. It ensures that the data is accurate, timely, and reflects true market conditions, which is vital for trading and investment decisions.
For further details or specific queries about the data, feel free to reach out to our support team.