Price Manager
TheBooks Price Manager provides a data vendor independent interface to a wide range of price data vendors and is used by the TheBooks to obtain prices from multiple vendors at one time.
TheBooks Price Manager supports both real time data feeds such as DTN and CQG as well as end of day data feeds like CSI.
Architecture
The Price Manager can run on the same computer as TheBooks or on another computer and there can be multiple Price Managers within your network. Each Price Manager can communicate with multiple data vendors.
This architecture provides the ability to obtain prices for the same instrument from multiple sources. For example, it is possible to define four daily price sources for Corn; one CQG pit prices, one CQG all sessions, one DTN pit, and one DTN all sessions. These could then be used to feed separate historic data sources in the Data Manager.
Combined with the Data Manager’s Compare derived data source, you can automatically obtain and compare prices from multiple vendors for research and signal generation purposes.
Forward and OTC Pricing
TheBooks Price Manager also has the ability to calculate forward pricing for LME and FX instruments when the data vendor does not provide them. Given the spot and forward points, it will interpolate prices for you. In addition, it includes the pricing models for OTC currency options allowing valuations on the tick for these instruments.
Price Data Vendors
Price Data Vendor is the term used in TheBooks for a supplier of market prices. The Price Manager provides interfaces for the following vendors:
| CQG via DDE | Intraday/End of Day |
| CQG Data Factory | Intraday/End of Day |
| CSI Files | End of Day |
| CSI API | End of Day |
| DTN ProphetX® WebServices | Intraday/End of Day |
| Excel ranges | End of Day |
| Metastock | End of Day |
| Tick Data | Intraday/End of Day |
| Yahoo | End of Day |