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OptionMetrics Announces IvyDB Futures 3.0 Database Covering European and US Futures Options

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OptionMetrics Announces IvyDB Futures 3.0 Database Covering European and US Futures Options
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OptionMetrics Announces IvyDB Futures 3.0 Database Covering European and US Futures Options

2024-12-18 21:48 Last Updated At:22:00

NEW YORK--(BUSINESS WIRE)--Dec 18, 2024--

OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, releases its new IvyDB Futures database with historical futures option pricing data for US and European futures. The database is designed to provide data of the highest quality for financial professionals to perform econometric studies on markets and test option trading strategies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241218839540/en/

IvyDB Futures 3.0 offers clean historical data on 100+ of the most liquid optionable futures from CME, ICE, and Eurex global exchanges across eight sectors. This includes 30+ of the most liquid optionable US exchange-traded futures on the CME, in six sectors. It also offers historical data on 70+ of the most liquid optionable European exchange-traded futures, from ICE and Eurex, in seven sectors. OptionMetrics leverages its proprietary pricing algorithm based on the Cox-Ross-Rubinstein (CRR) binomial tree model for American-style exercise options and the Black-Scholes model for European-style options, as well as a consistent database schema across all products.

Financial professionals receive daily option pricing information (symbol, date, settlement price, volume, open interest), as well as Greeks, implied volatility, and other volatility surface calculations on corresponding futures options contracts as well as the associated zero curves.

Additional features of IvyDB Futures 3.0 include:

“With research and financial strategies dependent on quality data, we are proud to announce IvyDB Futures 3.0 to give financial professionals access to complete, organized, clean futures options data on the European and US markets. We continually strive to provide the highest quality data, building on our 25+ years in the industry, to give financial professionals an edge in performing research, backtesting strategies, and assessing investment opportunities,” said OptionMetrics CEO David Hait, Ph.D.

IvyDB Futures 3.0 builds on OptionMetrics’ heritage of providing comprehensive historical financial data, with its flagship IvyDB US database offering complete end-of-day data on all U.S. exchange-traded equity, index, and ETF options since January 1996. The company also offers options data for Asia-Pacific, Europe, and Canada; options trading volume data; implied beta data on equities, and dividend forecasting data.

Emailinfo@optionmetrics.comfor details.

About OptionMetrics

With 25 years as the premier provider of historical options and implied volatility data, OptionMetrics distributes its options, futures, beta, and dividend forecast databases to leading portfolio managers, traders, quantitative researchers at 350+ corporate and academic institutions worldwide to construct and test investment strategies, perform empirical research, and assess risk. www.optionmetrics.com, LinkedIn, Twitter.

This chart shows the OptionMetrics implied volatility surface constructed by call delta and fixed maturity of ICE UK Feed Wheat options. As can be seen in the chart, long-dated futures for ICE UK Feed Wheat options tend to have a higher implied volatility than short-dated futures for ICE UK Feed Wheat options, and a volatility smirk (or skew) exists, indicating market participants are paying higher premiums for upside exposure. The data is from OptionMetrics’ newly announced IvyDB Futures 3.0 database, covering European and US futures options, for financial professionals to leverage in econometric studies on markets and test option trading strategies. (Graphic: Business Wire)

This chart shows the OptionMetrics implied volatility surface constructed by call delta and fixed maturity of ICE UK Feed Wheat options. As can be seen in the chart, long-dated futures for ICE UK Feed Wheat options tend to have a higher implied volatility than short-dated futures for ICE UK Feed Wheat options, and a volatility smirk (or skew) exists, indicating market participants are paying higher premiums for upside exposure. The data is from OptionMetrics’ newly announced IvyDB Futures 3.0 database, covering European and US futures options, for financial professionals to leverage in econometric studies on markets and test option trading strategies. (Graphic: Business Wire)

After a frenetic few months of congressional redistricting efforts, President Donald Trump’s plan to reshape voting districts for partisan advantage ahead of this year’s midterm elections stands at an important juncture.

Will Republican- and Democratic-led states ramp up their remapping of U.S. House districts as new legislative sessions get underway? Or will the mid-decade redistricting frenzy fade away following Indiana’s resounding rejection of Trump’s pressure-packaged campaign?

“We’re at a crossroads to see if the mid-decade redistricting movement gains more speed or was simply an attempt by Donald Trump to impact elections that in many states fizzled,” said Jeffrey Wice, director of the Elections, Census and Redistricting Institute at New York Law School.

Virginia and Florida are two key states to watch. Democrats who lead Virginia and Republicans who lead Florida could try to swing multiple seats in their party’s favor by an aggressive redistricting. Virginia’s legislative session begins Wednesday. Florida Gov. Ron DeSantis plans to call a special session in April on congressional redistricting.

What happens next in Democratic-led Illinois and Maryland and in Kansas' Republican-led Legislature also could affect the GOP’s ability to maintain a narrow House majority in the face of political headwinds that typically favor the party out of power in midterm elections. Key lawmakers in all three of those states remain opposed to redistricting.

Trump kick-started an unusual redistricting plan in July by calling on Texas Republicans to redraw their congressional map to create more favorable districts for the party — even though there was no new census data to base it upon. That triggered a mid-decade redistricting battle the likes of which has not been common since the late 1800s.

Texas, Missouri and North Carolina all approved new Republican-friendly House districts. Ohio, which had to redistrict because of its state constitution, used the opportunity to enact a more favorable House map for Republicans.

But Ohio’s action on Oct. 31 marked a turning point. That same day, Virginia’s Democratic-led legislature took a first step toward redistricting. Then in November, California voters approved new House districts helping Democrats, Kansas Republicans dropped plans for a special session on redistricting, and a Utah judge adopted a new House map that benefits Democrats.

Trump suffered a stunning setback Dec. 11, when Indiana’s Republican-led Senate defeated a redistricting plan that could have helped the GOP win all nine of the state’s U.S. House seats, up from their current seven.

The net result from the 2025 jockeying could be three additional seats for Republicans. But even that is in question, because legal challenges remain in some states, and there is no guarantee that parties will win the districts they redrew.

When the Virginia General Assembly begins its annual session, the agenda will include a proposed constitutional amendment allowing mid-decade redistricting in response to other states.

The amendment, which received first-round approval in the fall, would also need to pass a statewide vote before the new districts could be implemented. Quick action would be necessary to get all that accomplished in time for candidates to run in redrawn districts later this year.

Democrats, who currently hold six of the state’s 11 U.S. House seats, have not unveiled what those new districts would look like. But some have talked of trying to gain as many as four additional seats.

Virginia Gov.-elect Abigail Spanberger has embraced the redistricting effort but has not committed to a particular plan.

“I will look at any map that is kind of reasonable and keeping communities compact and together,” Spanberger, a Democrat, told The Associated Press. “But ultimately, it’s up to the people of Virginia to choose whether or not to move forward with the referendum.”

Republicans currently hold 20 of Florida’s 28 U.S. House seats. That advantage could grow if districts are reshaped during a special session.

Although Florida’s regular legislative session starts Tuesday, DeSantis said he is waiting until April to call a special redistricting session to allow time for a possible U.S. Supreme Court ruling on a key provision of the federal Voting Rights Act. If the court rules in a Louisiana case that race cannot be the predominant factor in creating voting districts, it could open the way for several Republican-led states to redraw districts represented by Black or Hispanic lawmakers who are Democrats.

DeSantis said the high court's ruling could affect “at least one or two” Florida districts.

But any redistricting that aids Republicans could face a court challenge. A voter-approved Florida constitutional provision prohibits drawing district boundaries to favor or disfavor a political party or incumbent.

Some Democrats seeking to counter Trump have urged lawmakers in Illinois and Maryland to redraw their already heavily Democratic districts to try to gain one additional seat in each state. But the plans appear to lack traction as legislative sessions begin this week in both states.

Illinois House Speaker Pro Tem Kam Buckner said “there is no active push” for congressional redistricting.

“There is no appetite to reopen something that will consume enormous time, energy and, frankly, political capital without a compelling justification,” Buckner, a Democrat, told the AP.

Democratic Maryland Gov. Wes Moore has created a special commission to recommend a new congressional map. But Democratic Senate President Bill Ferguson remains opposed and insists that a majority of residents also do not want new districts.

In Kansas, some Republicans want to redraw U.S. House districts to try to gain an additional seat. But House Republicans have failed to gain the two-thirds support needed to override a likely veto by Democratic Gov. Laura Kelly.

House Speaker Dan Hawkins told reporters that he has no plans to hold a vote on congressional redistricting during the annual legislative session that starts Monday.

“I do not have the votes,” Hawkins said.

Associated Press reporters Olivia Diaz, John Hanna, Mike Schneider and Brian Witte contributed to this story.

President Donald Trump points to the crowd as he walks off stage after speaking to House Republican lawmakers during their annual policy retreat, Tuesday, Jan. 6, 2026, in Washington. (AP Photo/Evan Vucci)

President Donald Trump points to the crowd as he walks off stage after speaking to House Republican lawmakers during their annual policy retreat, Tuesday, Jan. 6, 2026, in Washington. (AP Photo/Evan Vucci)

FILE - Opponents of Missouri's Republican-backed congressional redistricting plan display a banner in protest at the State Capitol in Jefferson City, Missouri, Sept. 10, 2025. (AP Photo/David A. Lieb, File)

FILE - Opponents of Missouri's Republican-backed congressional redistricting plan display a banner in protest at the State Capitol in Jefferson City, Missouri, Sept. 10, 2025. (AP Photo/David A. Lieb, File)

FILE - ndiana Lt. Gov. Micah Beckwith announces the results of a vote to redistrict the state's congressional map, Dec. 11, 2025, at the Statehouse in Indianapolis. (AP Photo/Michael Conroy, File)

FILE - ndiana Lt. Gov. Micah Beckwith announces the results of a vote to redistrict the state's congressional map, Dec. 11, 2025, at the Statehouse in Indianapolis. (AP Photo/Michael Conroy, File)

FILE - This photo taken from video shows organizers rallying outside of the Ohio Statehouse to protest gerrymandering and advocate for lawmakers to draw fair maps in Columbus, Ohio, Sept. 17, 2025. (AP Photo/Patrick Aftoora-Orsagos, File)

FILE - This photo taken from video shows organizers rallying outside of the Ohio Statehouse to protest gerrymandering and advocate for lawmakers to draw fair maps in Columbus, Ohio, Sept. 17, 2025. (AP Photo/Patrick Aftoora-Orsagos, File)

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