Solution introduction
DerivActions provides detailed Exchange Adjustment Notices information in a standardised, machine-readable format with a link to the original Exchange Notice, where provided
In addition, DerivActions generates two feeds triggered by corporate actions on the underlying security: Derivative Issuers – List of all issuers with instruments linked to the affected underlying Series & Trading Lines – List of all the derivatives instruments related to impacted equity
The DerivActions service is directly linked to EDI's Worldwide Corporate Actions service and covers all corporate action event types. Clients can subscribe to the entire universe or customize the feed at an exchange level, root codes or specific underlying trading lines. For example, clients can choose to receive details for OPRA on the following event types only:
- Subdivision
- Consolidation
- Dividend
- Rights
- Merger
- Take Over
- Tender Offer
- Spin Off/Demerger
- Delisting
- Bonus
- Buy Back
- Name Change
