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 * Home
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中文
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     * Highlights
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     * Overview
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     * Overview
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     * Publicly Offered Infrastructure REITs
   * Derivatives
     * Overview
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     * Quotation
   * Green Securities
   * Data Services
     * Market Data Products
     * Overseas Client List
     * XBRL
 * Getting Started
   * Public Offering and Listing
     * Overview
     * Offering and Listing Rules
   * Trading
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   * Rules and Regulations
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     * Bonds
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     * Options
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     * Member Management
 * Access to SSE
   * QFII/RQFII
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     * Education and Resources
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   * ETF Connectivity
   * Overseas Investors Ownership Statistics
 * Global Investor Services
   * Conference
     * Upcoming Conferences
     * Past Conferences
   * Newsletter
   * Performance Briefings


MARKET DATA PRODUCTS

 * Markets and Products
 * Data Services
 * Market Data Products


LEVEL-2 REAL TIME PRODUCTS(DATA)

The market data products of the Shanghai Stock Exchange (SSE) include real-time
Level-1 market data and Level-2 market data. Only qualified vendors are
authorized to redistribute or use the above data. Eligible organizations in non
Mainland China regions could submit application for license to China Investment
Information Services Limited (CIIS).

SSE Level-2 market data is a value-added securities market data service launched
by SSE InfoNet Ltd., a wholly owned subsidiary of SSE,. SSE InfoNet drew on the
experiences of foreign securities market data services, pooled the collective
wisdom of securities professionals and information service providers.

Level-2 market data is targeted on institutional investors, by increasing market
transparency, reducing irrational price fluctuations, and enhancing market
activity. It will also satisfy diversified demands of various investors, help
create the securities information service industry chain and facilitate the
implementation of state policies on strengthening exploitation and utilization
of information resources.

The launch of Level-2 market data is of great significance. It was a concrete
move taken by SSE to serve the market and also an important step to raise the
market service level and move towards internationalization. Compared with the
existing real-time Level-1 market data provided by SSE for the market, Level-2
contains far more rich information and is distinctively different in
transmission and dissemination.


1. INFORMATION CONTENT

Compared with the existing real-time Level-1 market data, SSE Level-2 market
data has the following additional information:

Value-added information Description Transaction details Dynamic number of
transactions Tick by tick data Order information Total instructed quantities
Weighted average bid/offer price Quantity of each of the top 50 orders at the
best bid/offer price Quantities of orders at the 10 best prices Each order data
Order cancellation information Top 10 stocks in terms of cancelled order
quantities Ranking Real-time trading value of each sector Real-time ranking of
top 5 stocks of each sector in terms of traded value Percentage of trading value
of each sector in the total turnover value. Yield rate on bonds Real-time
yield-to-maturity of bonds


2.SIGNIFICANCE

(1) Promoting the implementation of SSE's development strategy: accelerating
SSE's implementation of internationalization strategy, boosting its core
competitiveness, and providing diversified products and services.

(2) Satisfying market demands: meeting business needs, increasing market
transparency, reducing irrational price fluctuations, and enhancing market
activity.

(3) Carrying out state policies on information resources: the state has given
policy support to the development of the information industry and the creation
of securities information industry chain.


3.TRANSMISSION

SSE Level-2 market data is transmitted through the international standard data
interface (FIX-based STEP protocol) with excellent flexibility and scalability.
It supports data resending mechanisms and ensures the completeness of
information. It also employs security certification mechanisms such as user
authority control and encryption.


4. DISSEMINATION

SSE Level-2 market data is modeled on the international securities information
industry chain of "stock exchange - information vendor - user". SSE InfoNet
produces Level-2 market data and provides it to licensed professional
information vendors, which, in turn, develop a wide range of products and
deliver them to the market. End-users can choose appropriate products according
to the value of information and their needs.

SSE Level-2 market data will be upgraded simultaneously when the SSE's new
generation trading system goes live.


HISTORICAL DATA

SSE historical data covers Shanghai A-share、Shanghai B-share and Indices
(including SSE Indices, SHSE-SZSE 300 Index and CSI Indices).This data is
available for research and market analysis.


Day-end Closing Data Coverage: Shanghai A Share, Shanghai B Share and China
Index. Content: Level-1 Historical Data,Level-2 Intra-Day Snapshot Historical
Data, Level-2 Historical Tick Data, SSE Level-2 Historical Order Book Data
(excluding Stock Options),Stock Options Intra-Day Snapshot Historical Data,China
Indices* Intra-Day Snapshot Historical Data,China Financial Futures Exchange
Level-2 Intra-Day Snapshot Historical Data,SSE and China Indices End of Day
Historical Data (excluding Stock Options) Earliest date available: 19 December
1990 Issue Basis: Daily Subscription Basis: Yearly Data Format: Text(.csv)


For overseas subscribers, if you are interested in SSE historical data, please
go to CIIS website (www.ciis.com.hk) to download Historical Data Order Form,
Technical Specification and Sample Data.If you have any enquiries, please
contact CIIS at marketing@ciis.com.hk.


CONTACT US IN OVERSEAS

China Investment Information Services Limited Suite 2501-2503 Great Eagle
Centre, 23 Harbour Road, Wanchai, Hong Kong Tel 852 2501 0600 Website
www.ciis.com.hk Email marketing@ciis.com.hk


CONTACT US IN MAINLAND (FOR LOCAL CLIENTS ONLY)

SSE InfoNet Ltd. 528 SouthPudongRoad, Shanghai 200120, China Tel 021-68800098
Email market@sseinfo.com

TRADEMARK FEEDBACK DISCLAIMER OVERSEAS VENDORS

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