Nasdaq's Quandl Adds Crypto Rating and Price Forecasting Data

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

Multi Matching Trading Engine

Nasdaq’s Quandl Adds Crypto Rating and Price Forecasting Data

September 7, 2019

Nasdaq and SEB to test blockchain technologyNasdaq Quandl, Nasdaq’s institutional data platform, will be adding fundamental crypto rating and price forecasting data provided by crypto investment management fund Blockchain Investments.

The blockchain data firm was founded by Alfred Prevoo, former employee of the European Central Bank (ECB) and a member of INATBA, the International Association for Trusted Blockchain Applications, launched by the European Commission in April, 2019.

The new data products will include descriptive, rating, correlation, forecasting and sentiment crypto asset data, thus enabling investors to make better and more informed decisions.

The wide variety of in-depth crypto asset data can support purposes of research, investment and regulation. Subscribers will gain access to this crypto data through the Quandl API as well as tools for Excel, R and Python. Quandl delivers financial, economic and alternative datasets to over 400,000 users, which include analysts, traders and portfolio managers worldwide.

Alfred Prevoo, founder and CEO of Blockchain Investments & Co., commented:

“We are honoured and delighted to collaborate with Nasdaq on both qualitative and quantitative granular information regarding crypto and digital assets. Bringing knowledge and understanding to this sector is vital for further improving and building the digital economy and will remain relevant for years to come. Quandl’s global large client base, including investment banks, asset managers and hedge funds, and highly flexible platform make them a great institution for us to collaborate with. We are proud to play a contributing role in providing market solutions to our industry, and that includes giving people the information they need to research and invest in crypto and digital assets”.

Quandl was founded in 2012 and has grown to be used by eight of the top 10 hedge funds and 14 of the top 15 largest banks who look to access its growing library of data to inform research and trading decisions. The alternative data and core financial data comes from over 350 sources and is distributed to more than 30,000 active monthly users.

Nasdaq acquired Quandl in late 2018 in order to combine it with its existing Analytics Hub business within Global Information Services. The deal was part of Nasdaq’s strategy to maximize opportunities as a technology and analytics provider to capital markets, as well as its capital deployment and return on investment capital objectives.

Quandl has recently announced the distribution of proprietary pricing data for hydraulic fracturing proppants, aka ‘frac sand’, sourced from PanXchange, an OTC exchange and price discovery platform for physical commodities.

Login To MyTis Comment Or Register to MyTIS

Leave a Reply

avatar
  Subscribe  
Notify of

Newsletter

Register now to receive the latest news and information for global trading industry.

Latest Articles

Canadian Securities Regulators Sign Fintech Co-operation Agreement With the Monetary Authority of Singapore

Montreal and Singapore – Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Monetary Authority of Singapore (MAS). The members are the securities regulatory authorities …