|
|
Home
Search
Register
Login
Recent Posts
»Forums Index
»Archive (2017 and earlier)
»Data and Content Support
» When are Stock Splits distributed?
|
|
| Author | Topic: When are Stock Splits distributed? (5 messages, Page 1 of 1) |
 msearles -Interested User- Posts: 16 Joined: May 12, 2004 
Software for DTN RealTime Satellite |
Posted: Jan 31, 2005 05:05 PM
Msg. 1 of 5
When are stock splits distributed on DTN RealTime Satellite?
Will the last split date and factor always be available *prior to the market open* on the day that the stock first trades post split? We'd like to be able to check the split fields to know whether the stock is trading post split before the market opens to distinguish between a split and a gap down (or up for reverse splits). 2:1 splits are more obvious, but 3:1, 3:2, etc are more difficult to detect simply using the previous day's close. Since the data is available in the feed, can we rely on split data to be timely and accurate? TIA TRAX: DTN RealTime Software for DTN RealTime Satellite http://trax.base16.com |
|
DTN_MarketData -DTN's Market Data Experts- Posts: 785 Joined: Jul 15, 2004 
|
Posted: Feb 1, 2005 08:52 AM
Msg. 2 of 5
The Last Split Date and Last Split Factor should be available prior to the market open on the day that the stock first trades post split.
We update these fields based on information taken from the exchange daily list files we get from the exchanges. As a backup, we will take this split data from our fundamental data provider if they have a more recent date. If you ever come across any examples where the Split Date and Split Factor are not up-to-date, please contact us and we will fix immediately and send a full-record refresh. I do see that CVCO had a 2-1 split today & our fields have been updated in a timely fashion (prior to market open 08:30 CT). Please confirm on your end that you have 02/01/05 as the Last Split Date, and .50 as the Last Split Factor for CVCO. Thank you. DTN Market Data Services |
|
msearles -Interested User- Posts: 16 Joined: May 12, 2004
Software for DTN RealTime Satellite |
Posted: Feb 1, 2005 06:29 PM
Msg. 3 of 5
thanks for the reply.
I've checked it here and the Last Split Date and Last Split Factor for CVCO (CAVCO INDUSTRIES) didn't update today at all. I was not able to check until after 6:00p CT, and it hasn't updated yet. were you able to check it at DTN on one of the test receivers? TRAX: DTN RealTime Software for DTN RealTime Satellite http://trax.base16.com |
|
DTN_MarketData -DTN's Market Data Experts- Posts: 785 Joined: Jul 15, 2004
|
Posted: Feb 2, 2005 07:19 AM
Msg. 4 of 5
I was not looking at our Test platform yesterday for CVCO. I was looking in our Live databases. Looking at our Test platform today for another example (MCRS: 2-1 effective today), I noticed the Last Split Date and Last Split Factor fields are correct. Can you please confirm this on your end & if it is not correct I can send a full record refresh and we'll see if that has any effect.
Thank you. Market Data Services |
|
msearles -Interested User- Posts: 16 Joined: May 12, 2004
Software for DTN RealTime Satellite |
Posted: Feb 2, 2005 09:18 PM
Msg. 5 of 5
no, MCRS (MICROS SYSTEM INC) doesn't show today as being the split date, but rather shows the last split date of 6/23/1998. the split factor is .5, but that was also the split factor on the last split.
CVCO, is now showing 2/1/2005, 0.5 could the system be sending the updates out one day late? is the "Test platform" a receiver set up at your end that is downlinking the data? I'd assume that you're able to do such a closed loop check. thank you for looking into this. TRAX: DTN RealTime Software for DTN RealTime Satellite http://trax.base16.com |
|
|