Market Data Cloud Now Delivers Renaissance Capital IPO Calendar & IPOPerformance Data
SAN MATEO – September 19, 2012 – Xignite, the Market Data Cloud, today announced its new API called XigniteIPOs, which delivers IPO data from Renaissance Capital. XigniteIPOs makes it easy to get complete calendars of upcoming IPOs in real-time. Users of the service can track IPOs as they are filed, priced, and introduced to the market. U.S. Markets will be covered, including NYSE, NASDAQ, BATS, and OTCBB.
U.S. Equity markets are witnessing a renewed interest in IPOs. According to Renaissance Capital, ninety U.S. companies have raised more than $30 billion in first three quarters in 2012. These companies are seeing an average return of 15% over offer price. The high-tech sector is leading the IPO curve with over 30 IPOs in 2012. XigniteIPOs delivers an easy way to track the IPO calendar and get the information that is vital to the investment decision making process.
IPO data has not been easily available to finance website operators thus far, but, with XigniteIPOs, such operators can rise above the competition by offering both the IPO calendar and post-IPO performance data. Financial Software-as-a-Service (SaaS) applications can get this data directly from the cloud, advise clients of upcoming IPOs, and help them monitor their investments after an IPO happens. Other financial technology professionals, across a wide variety of disciplines, also have demand for IPO data for the purposes of compliance.
XigniteIPO is available for a free trial athttp://www.xignite.com/product/us-stock-IPO-calendar. For more information on the product, please contact one of our data experts via email at dataexpert[at]xignite.com or by phone at (650)655-3700. Product information is also available at http://www.xignite.com/product
Xignite is the leading provider of market data cloud solutions. The Xignite Market Data Cloud fulfills more than 5 billion requests per month and offers more than 50 financial web services APIs providing real-time, historical, and reference data across all asset classes. Xignite APIs power mobile financial applications, websites, and front-, middle- and back-office functions for more than 1000 clients worldwide, including Wells Fargo, GE, Computershare, BNY Mellon, Natixis, Forbes.com, SeekingAlpha, ExxonMobil, Starbucks, and Barrick Gold. The company’s award-winning XigniteOnDemand market data cloud platform also powers data distribution solutions for exchanges and data vendors, as well as Enterprise Data Distribution (EDD) solutions for financial institutions. Companies using XigniteOnDemand for market data distribution include the CME Group, NASDAQ OMX, NYSE Euronext and Direct Edge.
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