FINRA to provide more real time and improved data
Looks like FINRA is getting ahead of things with looking at improving real time data quality.
https://fintelio.atlassian.net/wiki/spaces/KB/blog/2021/02/16/471072808/Improvements+to+Data+Feeds
The excerpt below is from the site:
In our ongoing effort to improve data quality, we are replacing Tier-2 data providers with Tier-1 providers when possible. This will be an ongoing process over the coming weeks.
This migration will initially impact the following key metrics for NASDAQ and NYSE listed companies:
- Shares Outstanding
- Shares Float
- Volume
It will also affect key metrics that depend on these metrics, including, but not limited to:
- Institutional Ownership Percent
- Short Interest % Float
- Short Volume Ratio
Since this migration is expected to improve data quality, any value you see displayed is the most accurate we have available to us. We will update this list as we identify more metrics that will be impacted.
Posted Feb 22, 2021, 3:46 PM UTC