Axon Financial Systems Market Data PEAR service is an online repository of exchange market data policies, agreements and pricing.
With an intuitive design PEAR has a home page for each exchange via which dedicated sections for Products, Policies and copies of Documents can be accessed
PEAR provides explanations for the key areas of policy including Non Display, Derived Data and Unit of Count.
PEAR maps products to their associated licences in addition to grouping licence by type i.e. external redistribution, Non Display etc.
PEAR maps Thomson Reuters and Bloomberg codes to exchange products allowing searches to be conducted using these identifiers.
Allows Axon to map market data policies at the product level rather than the Exchange level, this in turn allows users to access targeted guidance to their queries efficiently.
Previous exchange market data agreements, policies, pricing and announcements are maintained within PEAR and are accessible via the online interface.
Standardised, searchable terms including Axons’ proprietary Standardised Terms for Unit of Count. Standardised searchable terms allow for easy comparison between exchanges and/or products in addition to providing quick reference guidance.
PEAR includes product and licence hierarchy structures allowing users to quickly see which other products or licences are included within any given product or licence.
Announcements / Change Summaries
The PEAR homepage includes details of announcements by exchanges in addition to upcoming price changes and those which have become effective within the last 90 days.