IHS Markit and Tokyo Stock Exchange to combine market datasets

By Edil Corneille

IHS Markit Securities Finance and Tokyo Stock Exchange (TSE) are combining mutually exclusive market data into a comprehensive and invaluable short selling and stock loan dataset. The combined IHS Markit and TSE dataset provide five years of historical data across 3,700 Japanese yen-denominated (JPY) equities – including inventory and lendable assets totaling 100 trillion yen and on-loan assets exceeding 15 trillion yen – with daily breakdowns of trading volume and trading value data for all TSE-listed stocks.

Keisuke Arai, director, information services at TSE enthused, “We are excited to be working with and developing market data solutions with IHS Markit. We think the combination of our exchange short data with IHS Markit’s stock loan provides a unique view of Japan’s equity market for investors and encourages their investment.”

“Our collaboration with TSE creates the industry’s first dataset for analyzing short selling in tandem with securities finance flows, inventory and loan activity,” said Paul Wilson, managing director and global head of Securities Finance at IHS Markit. “We believe this dataset is an essential for anyone trading in Japan and looking to increase their alternative data and fundamental analysis factors. With more than 100 data fields, the analytics toolset introduces the first holistic view on Japanese securities finance, delivering a higher information ratio for both long and short portfolio construction.”

The TSE dataset disseminates fragmented data extracted from daily trading value and volumes (only regular auction trading sessions on the TSE market) of TSE-listed issues based on flags for margin transactions and short selling that are attached to orders at the time of placement.

IHS Markit provides data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. The London-based company helps customers better understand complicated markets, reduce risk, operate more efficiently, and comply with financial regulation.