Beginning December 1, 2020, IEX Cloud is upgrading its platform to provide an expanded and enhanced offering to its userbase. This upgrade includes a transition away from our current primary data provider to a new group of industry-trusted data creators.
This guide helps outlines what you need to know for this transition. Below you will find:
- A high-level introduction to the upcoming changes.
- Timelines for new releases and additions.
- Steps and instructions for required data deletion.
- Important changes to existing endpoints.
Introducing IEX Cloud’s 2020 Data Upgrade
Starting December 1, 2020, we're excited to roll out a significantly expanded data offering on IEX Cloud – this includes entirely new datasets, more data history, international coverage for over a dozen endpoints, and many more additions. Behind the scenes, we’ve partnered with a group of industry-trusted data providers to make this possible.
Part of this upgrade includes the platform’s transition away from our current primary data provider. Please review the following carefully to understand timelines, changes to certain endpoints, and important next steps.
This upgrade marks a new phase for IEX Cloud – and it’s just the beginning. We have an ambitious roadmap and plan to bring you even more of the data and services in 2021.
Timelines for New Releases
Updates to the platform will begin December 1, 2020. Certain changes may occur right away, whereas others may occur next year.
We will begin preparing our system for this expansion several weeks in advance of December 1, 2020. We do not anticipate there being any noticeable changes to your service during that time.
The timelines below will be updated as information becomes available so you can keep track of when changes will be put in effect. Timelines are subject to change, so we recommend checking back frequently. We will also be communicating to users via email updates.
Note that the timelines below focus on releases and expansions as a part of the overarching system upgrades described above. This is not a comprehensive product roadmap or list of all upcoming additions.
On December 1, 2020
Expanded end-of-day historical prices:
- Adding 200,000+ symbols and 160+ exchanges globally. This includes expanded U.S. and international ETFs, expanded U.S. mutual fund coverage, including many highly requested OTC mutual funds.
- Historical prices will be split and dividend adjusted. This means stock prices will reflect a stock’s value after corporate actions have been taken into account. The Historical Prices endpoint supports both adjusted and unadjusted prices.
Global corporate actions data, with new coverage for over 160,000 symbols, including:
- Return of Capital
- Rights Issues
- Right to Purchase
- Security Reclassification
- Security Swaps
Global end-of-day options data, with coverage from over 60 exchanges.
Upgraded and expanded financial statements:
- Reported, normalized, and adjusted financial statements – adjusted financial statements will be available in 2021.
- Expansions will include history as far back as 1998, plus nearly 150 new fields.
- Specialized formats for banks, REITs, and industrial companies – coming soon in 2021.
- New coverage will include over 90% of the total U.S. equity market by market cap, including data for the top 2,500 U.S. stocks. Note that certain small cap stocks may no longer be covered with our financial statement endpoints.
Global earnings and estimates data, with coverage for an additional 15,000 symbols world-wide.
- Important: This data will require additional entitlements and may need to be accessed from the data partner directly. Read below under “Important Endpoint Changes” to learn more.
Coming in 2021
Global indices coverage:
- Historical end-of-day indices prices and constituents for global indices.
- This excludes major U.S. indices, such as the S&P 500, the Dow Jones Industrial Average, or the Russell 1000. Note that major U.S. indices data can generally only be accessed via direct contract with major index providers. Learn more here.
IPO Calendar Data, including upcoming IPO dates and prices. Planned for 2021 – stay tuned for more information!
Up to 147 global corporate actions event types, expanding from our current number of 10 types. Will include events like:
- Company meetings
- Class action lawsuits
- And many more
Global futures end-of-day pricing and reference data, with coverage for over 240,000 symbols.
Historical Fixed Income data, including corporate, government, and government agency bonds data since 2007.
Stay tuned for additional updates via email and this guide.
Steps and instructions for required data deletions
Part of this upgrade includes the platform’s transition away from our current Primary Data Provider. Due to our Primary Data Provider’s terms and conditions, we are required to inform customers that they will need to delete any saved or cached raw data by December 1, 2020. This only applies to data taken from endpoints marked in our API documentation with “Primary Partner” under “Data Source(s).”
What does this mean for you?
Our current Primary Data Provider requires that any of their raw data that has been stored or saved leading up to December 1, 2020 be deleted by December 1, 2020. This includes deleting raw data from logs or your data storage but does not apply to derived data.
You can see what data is from our Primary Data Provider in our API documentation. Any raw data pulled from Core Data endpoints marked with “Primary Partner” under “Data Source” is subject to this requirement – such as Historical Prices, Financials, and Earnings.
Users can satisfy this requirement by simply deleting the data, or alternatively, by re-fetching that data on December 1, 2020 from IEX Cloud – this would replace any data from our Primary Data Provider with new data.
If you are unsure of whether this applies to you, please feel free to reach out to us at firstname.lastname@example.org. We’re happy to provide further guidance on which endpoints are impacted by this requirement.
Important Endpoint Changes
Starting December 1, 2020:
- Earnings and Estimates data will require additional entitlements and in certain scenarios may need to be accessed from the data partner directly. Read more below.
- The “nextEarningsDate” field on the Key Stats endpoint and "Upcoming Earnings" on the Upcoming Events endpoint may be temporarily unavailable starting December 1, 2020. We plan to continue offering this datapoint as soon as possible and are actively in the process of securing a new provider. We will continue to keep you updated as we have more details.
- Historical Stock Prices will be available from 2007.
- On the Key Stats endpoint, the “float” field will no longer be available and will return as null. Starting December 1, 2020. Note that “ttmEPS,” which we previously expected to have disruption, will now continue to be available.
- For Financial Statements (Balance Sheet, Cash Flow, and Income Statements), there are certain lesser-used fields that will return null. Many of those fields will be superseded by an expanding offering through a new endpoint. New coverage will include over 90% of the total U.S. equity market by market cap, including data for the top 2,500 U.S. stocks. Note that certain small cap stocks may no longer be covered with our financial statement endpoints.
- The "iexID" field, currently used in our reference data, will be deprecated. Use FIGI or CIK as symbol identifiers moving forward.
Changes to Earnings and Estimates Data
Earnings and estimates data will be sourced from a new provider. As one benefit, beginning December 1, 2020 we will be begin offering global coverage for earnings and estimates data.
- Earnings Today
- Price Target
- Analyst Recommendations
- Note that the “nextEarningsDate” field on the Key Stats endpoint and "Upcoming Earnings" on the Upcoming Events endpoint may be temporarily unavailable starting December 1, 2020. We plan to continue offering this datapoint as soon as possible and are actively in the process of securing a new provider. We will continue to keep you updated as we have more details.
Beginning December 1, 2020, the data listed above will require additional entitlements.
If you are planning on using this data for personal or internal use only – with no redistribution or redisplaying of this data in any way – simply follow the instructions below to continue accessing this data through IEX Cloud.
If you are redistributing this data, such as redisplaying data on a public facing website or application, you will need to purchase and sign an agreement directly with our data partner. Please reach out to our partnerships team at email@example.com if you would like us to make that introduction.
Enable access to earnings and estimates data
If you are using this data for personal or internal use, you can continue to do so by requesting access to it in the Premium Data tab in your Console. These endpoints are included in the Premium Data section for entitlements purposes – they will use pay-as-you-go messages, however the data weights remain unchanged.
Approved entitlements will be required to access this data starting December 1, 2020. Users can begin requesting access as early as November 24, 2020 in advance of December 1, the date when data from the new provider will become available. We suggest requesting access in advance of December 1, 2020 to minimize disruption.
Starting November 24, you can request access through the following steps:
- Go to the Premium Data tab in the IEX Cloud Console and request access to “Earnings and Estimates Data.” Note that the ability to make this request will be available starting November 24, 2020.
- You will need to provide basic information about who you are and how you will be using the data. Once approved, you will be able to use these endpoints. Access is typically granted in 1-2 business days.
- API calls for these endpoints will use pay-as-you-go messages. The number of messages used per API call, however, is not changing.
We’re excited to expand your access to a range of new data on the platform. Stay tuned for more updates on our upcoming releases and enhancements.
Questions? Reach out to firstname.lastname@example.org for assistance.