Definition

Top Trades: This endpoint provides detailed information on the most significant trades, including both on-screen and blocked trades. In addition to standard trade data, the endpoint offers proprietary insights that enhance the ability to analyze market flow. Key features include the "Amberdata Direction" metric, which identifies the true initiator of a trade, and the "Delta Hedge" indicator, which highlights block trades that contain a futures leg. Pre-trade and post-trade order book data are also included to offer a comprehensive view of market conditions around the trade.

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Details

• Amberdata Direction: A proprietary metric developed to accurately gauge the true initiator of a trade, offering deeper insight into market sentiment.
• Delta Hedge: Identifies block trades that include a futures leg, providing valuable information on hedging strategies.
• Pre and Post Order Book Data: Columns displaying order book conditions before and after the trade, enabling analysis of market impact and price movement.

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Availability

/Top Trades

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Frequently Asked Questions

Q: What makes the "Top Trades" endpoint unique?

A: This endpoint includes proprietary metrics such as "Amberdata Direction," which identifies the true trade initiator, and the "Delta Hedge" highlight for block trades containing futures legs. These features provide a deeper understanding of market flow beyond standard trade data.