It has been a while since the end of our beta-phase, but now we are happy to announce that LOBSTER will go live in 2013. We have secured our license and can now start to provide reconstructed limit order book data to academic researchers worldwide.
Let’s take a quick peek at what LOBSTER will offer and the payment options that will be available.
LOBSTER will offer:
- access to reconstructed limit order book data derived from NASDAQ’s historical TotalView-ITCH files.
- customizable level of detail: Order books with up to 200 levels.
- latest data: Large database of historical messages up to the market activity of the day before yesterday.
- easy and intuitive request interface.
Two payment options will be available. A flat rate access for research institutions and a pay-per-use option for smaller groups or individual researchers.
The flat rate access features individual accounts for researchers with storage space on LOBSTER’s servers and a personal data management system. The pay-per-use access is based on a credit system that allows access to the desired data at very reasonable prices.
Both, the flat rate and pay-per-use option, give access to the entire database. There are no restrictions on tickers, periods, or, the number of requests.
The LOBSTER team wishes everybody happy holidays and a happy new year.
See you next year.
Santa was a little early this year. He just dropped of the new server for LOBSTER. We will now install the updated system and transfer our database of raw messages to the new storage facility. The coming year will then begin with an extensive testing of the system.
Let me make the following comment on the power of the new machine:
When 256 GB of ram go to town on more than 15 TB of raw message, you can only expect great things… At least when you are interested in limit order book data.
LOBSTER will relaunch as a provider of high frequency limit order book data of NASDAQ traded stocks for the academic community. In the coming months we will redesign the system to offer a richer and more user friendly experience.
If you are interested in joining LOBSTER, please let us know. We will keep you informed about how to join and we’d be happy to welcome you as one of our customers.
LOBSTER’s users will be required to obtain an academic waiver from NASDAQ (no charge). We encourage you to check if your university has already obtained one. Should you require a waiver, we will gladly assist in obtaining one. More details in the months to come …
The LOBSTER beta testing phase has been completed. We would like to thank all who have made valuable comments and suggestions during the last months. Your input is highly appreciated.
The website will, until further notice, serve purely as an information page about the LOBSTER project. All future developments and updates will of course be announced here …