Chi-X Canada ATS Ltd. and Intelligent Financial Systems Ltd. have launched a new service that provides access to historical data, the companies said Wednesday.

The Web hosted Chi-X Canada Data Service, which is available immediately, provides access to raw Chi-X Canada historical tick and order book data — including the ability to rebuild full depth of book — from Aug. 6, 2009, as well as integrated search, analytics, custom report generation and data query services.

“The ability to efficiently analyze historical trading data will help our clients better understand trading patterns and how to anticipate future trading opportunities. We were impressed with IFS’s approach and proven historical market data services and believe that they are well positioned to help Chi-X Canada’s clients,” says Dan Kessous, COO of Chi-X Canada.

IFS also offers a similar service for Chi-X Canada’s sister platform, Chi-X Europe. “The new alternative trading platforms around the world clearly present our clients with tremendous new opportunities to generate alpha. We believe that the Chi-X Canada Data Service will provide users with useful raw historical data and insight into the dynamics and liquidity of its order book,” says Sabine Toulson, managing director of IFS.

IE