Rank: Advanced Member
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Joined: 7/2/2009(UTC)
Posts: 31
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Hi,
Does anyone know if the volume number we receive using the Reuters Data link actually reflects the number of shares traded on that day?
Does anyone have a reference for this information..?
Thanks,
Klaus
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 9/13/2004(UTC)
Posts: 673
Location: Salt Lake City, UT
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Keep in mind that data collected using The DownLoader from Reuters DataLink does truncate the last 2 digits from the volume figures, but aside from this the volume should be accurate. There might be minor variations between providers though. For example:
IBM on 12/14/2009 shows 5,201,300 Volume on Yahoo Finance
IBM on 12/14/2009 shows 5,202,187 Volume from Reuters DataLink (Data On Demand)
IBM on 12/14/2009 shows 52,022 Volume from Reuters DataLink (Local Data collected in The DownLoader)
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