Home » Finance Articles » EDI Supplements Its Worldwide Shares Outstanding Offering With A New Feed Of Adjusted Figures
EDI Supplements Its Worldwide Shares Outstanding Offering With A New Feed Of Adjusted Figures
Exchange Data International (EDI) has developed a new feed of Adjusted Shares Outstanding which provides firms with up-to-date accurate figures based on the most recent corporate actions.
LONDON, ENGLAND, November 14, 2011 /Finance PR News/ -- Exchange Data International (EDI), a well-established provider of Security Reference and Corporate Actions data, today announced the release of its new feed of adjusted shares outstanding figures.
The Adjusted Shares Outstanding feed provides firms with the latest figures enabling them to accurately calculate key metrics such as market capitalization, earnings per share and share stakes.
Jonathan Bloch, CEO of EDI says, "We found it incredible that clients still had to rely on official updates to get latest shares outstanding figures knowing that their frequency may vary from daily to yearly and yet major events affecting these figures happen in between. As we have been providing worldwide shares outstanding and corporate actions data for sometime now, it seemed natural to develop a product that addresses this issue."
After an event such as a demerger, sub-division or capital reduction, EDI will adjust the shares outstanding figures and then will revert to the official figures when they are published.
This daily feed fully complements EDI Worldwide Shares Outstanding service which covers all the major listed securities from 100 countries worldwide.
For more information on the Adjusted Shares Outstanding feed, call us at +44 (0) 207 269 9150.
Exchange Data International is a wholly owned subsidiary of Information Publishing Plc. Established in 1994; EDI has launched a series of market data products for the back office operations of financial institutions worldwide.
Two of EDI's first market data products - electronic versions of the London Stock Exchange code book and CAB - were innovative alternatives to the existing paper based data products used by almost every securities industry player, and keyed manually into stockbrokers computers around the world. A newcomer to the industry at the time, EDI was the first company to convey this information electronically - thereby alleviating the need for manual data input, saving time and reducing the possibility of human error.
EDI is the premier provider of quality and accurate international securities administration data. The company provides back office securities data services to most of the major brokerage houses, custodians, and data vendors.
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Press Release Contact Information:
Mikolaj Rak
Exchange Data International
Marketing Officer
142-146 Old Street
London, Greater London
United Kingdom EC1V 9BW
Voice: 442072699175
Fax: 442072699151
Website: Visit Our Website |
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