Discover and read the best of Twitter Threads about #financialdata
Most recents (2)
What's the difference between tick data, market depth, MBP, L2, L3, and MBO? Data schemas (or "formats") have taken up various names over the years by different market data providers, and have become a common source of confusion. 😬 
Let's clear this up with a quick rundown! ⬇️
1- "Tick data" typically refers only to the prints of last sales, which lacks the granularity of MBO or even MBP data.
1- "Tick data" typically refers only to the prints of last sales, which lacks the granularity of MBO or even MBP data.
2- "Market depth" refers to snapshots of price levels and depth at a fixed number of levels from the top. It's usually interchangeable with market-by-price ("MBP").
3- "L2" generally refers to MBP data, but is sometimes used to refer to MBO instead.
3- "L2" generally refers to MBP data, but is sometimes used to refer to MBO instead.
EXPLAINED: The RBI's #AccountAggregator framework that went live on 2 Sept '21! This new change was heralded as "transformative" to the financial ecosystem.
But does its revolutionary potential stand the test? Follow this thread ⬇️ 1/5 #SaveOurPrivacy
internetfreedom.in/explainer-acco…
But does its revolutionary potential stand the test? Follow this thread ⬇️ 1/5 #SaveOurPrivacy
internetfreedom.in/explainer-acco…
This framework tries to make #financialdata more accessible between banks or other "Financial Information Providers" and entities requesting that data (like credit platforms) called "Financial Information Users" with the consent of the user.
Here's how it works ⬇️ 2/5
Here's how it works ⬇️ 2/5
#AccountAggregator supporters say this is a step towards a secure, efficient, & connected financial ecosystem — reducing costs + frauds while prioritising user consent.
But critics say that security issues exist, while the role of RBI in regulating AAs has been questioned. 3/5
But critics say that security issues exist, while the role of RBI in regulating AAs has been questioned. 3/5
