In 1984, Tick Data was founded by a futures broker and a programmer as the first company in the world to offer historical tick-by-tick prices on the futures and index markets. Despite severe limitations in computer hardware technology, they developed a collection and compression system capable of capturing and storing every tick in the major U.S. futures markets. Since that time, our database has expanded to include major global futures contracts as well as all U.S., Canadian, and London equities. The database extends back as far as 1974, making it the largest of its kind. With a customer base that includes the largest financial institutions, universities, and more than 10,000 individual traders and system developers, Tick Data has always leveled the playing field by making research-quality data available to all traders.
In June 1999, Thomas Neal Falkenberry, a chartered financial analyst and Tick Data client, bought the company. By purchasing Tick Data, he had a data platform on which to launch his new asset management firm and hedge fund. Furthermore, he saw the potential in furnishing other institutional clients with data that meets their stringent requirements.In January 2005, Neal and his partner, Scott Mayster, sold Tick Data to Penson Worldwide, Inc. Penson made Tick Data a division of their technology subsidiary, Nexa Technologies, Inc., a provider of direct access trading platforms, real-time market data, and exchange connectivity.
One reason for Tick Data’s success lies in its versatility. Included with every order is Tick Data’s TickWrite data management software. TickWrite allows users to view, plot, and convert data into custom ASCII files, making the data compatible with most third-party analytical packages, including TradeStation, MetaStock, NinjaTrader, and Excel. A user may process data as tick, interval (5 minute, 60 minute, etc.), daily, weekly, or monthly. Users can also create continuous contracts, maintaining complete control over rolling conventions.
As always, Tick Data remains committed to providing traders and system developers with the cleanest intraday time series available in a flexible, multi-platform format.
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