Tick data · highest resolution

Tick Data

The most precise form of historical and real-time market data. Unlike minute, hourly or daily data, tick data stores every single price change.

This creates a complete picture of market activity – the foundation for precise backtests, order-flow analysis and algorithmic strategies.

Every price change Tick history since 2002 For order flow & algo
Definition

What is tick data?

Tick data captures every single price change of a security. Unlike candlestick or OHLC data, no movements are aggregated – creating a complete picture of actual market activity. Each record typically contains:

01

Last price

The most recently traded price.

02

Bid price

The current highest buy price in the market.

03

Ask price

The current lowest sell price in the market.

04

Volume

Number of traded contracts or shares.

05

Timestamp

Exact time assignment of every transaction.

06

Venue

Trading venue of the respective transaction.

Importance

Why is tick data important?

The more detailed the data basis, the more accurately markets can be analysed. Many strategies can only be evaluated to a limited extent without tick data.

  • more precise backtests
  • more realistic simulations
  • market microstructure analysis
  • order-flow studies
  • development of professional trading systems
Direct comparison

Tick data vs. candlestick data

Candlestick data only captures a snapshot of the actual market path.

Feature Tick data Candlestick data
Every price change stored Yes No
Maximum precision Yes limited
Backtesting optimal strategy-dependent
Order-flow analysis Yes No
Data volume high low
Backtesting

Tick data for backtesting

Many strategies react to the smallest market moves and can only be tested under realistic conditions with tick data – such as scalping, intraday, futures, order flow and high-frequency systems.

Why candles are often not enough

Within a candle, many moves occur that are not visible in OHLC. This leads to:

  • unrealistic entries
  • unrealistic exits
  • incorrect stop executions
  • distorted performance metrics
Applications

What tick data is used for

Futures

Futures traders

Market & volume profile, order flow, scalping, intraday – on Eurex, CME, CBOT, COMEX, NYMEX.

Stocks

Stock traders

Analysis of large orders, intraday trading, volume studies – Deutsche Börse, Xetra, NASDAQ, NYSE, Euronext.

Order flow

Order-flow analysis

Makes buy and sell pressure, volume clusters, liquidity and market activity visible.

Algo

Algorithmic trading

Signal calculation, arbitrage, statistical models, automated and quantitative trading.

AI

Artificial intelligence

Pattern recognition, price forecasts, machine learning, market classification and risk models.

Research

Market microstructure

Detailed study of real transaction activity in the market.

Data volume

How large are tick data sets?

Tick data is among the most extensive financial data there is – powerful storage and analysis tools are often required.

Tick history

Historical tick data – since 2002

Long tick histories enable analysis at the highest level of detail across many market phases – ideal for backtesting, research, market analysis and AI training.

various market phases bull markets bear markets financial crises volatility regimes
Quality criteria

What to look for in tick data

Not all tick data is of the same quality.

Completeness

No data gaps in the tick stream.

Precise timestamps

Clean time assignment of all transactions.

Historical depth

Histories as long as possible for backtests and analysis.

Consistent data

Correct prices and volume information.

Interfaces

Easy integration into existing systems.

Common mistakes

Typical mistakes when using tick data

Many users underestimate the complexity of large tick data sets – data quality is decisive for meaningful results.

  • history that is too short
  • incomplete tick data
  • missing volume information
  • incorrect time zones
  • unrealistic backtests
  • insufficient computing power
Automation

Using tick data via APIs

Many users access tick data directly via interfaces – for the automated processing of large data volumes in trading systems, databases, analysis platforms, dashboards and research projects.

Who tick data is for

Day traders Futures traders Scalper Quantitative analysts Software developers FinTechs Asset managers Research
Best combination
“Historical tick data makes the past analysable – real-time data provides current market transparency.”
FAQ

Frequently asked questions

What is tick data?

Tick data stores every single price change with timestamp, price, volume and trade direction – the most detailed form of market data.

What is tick data used for?

For order-flow analysis, precise backtests, quantitative research, scalping strategies and the development of algorithmic trading systems.

What is the difference between tick data and minute data?

Minute data aggregates all ticks of a minute into one data point (OHLCV). Tick data, on the other hand, shows every single price change – significantly more granular.

Since when has tick data been available?

At TAI-PAN, tick data has been available for many instruments since 2002 – an extensive basis for backtests and research.

Conclusion

The most detailed form of market data

Anyone wanting to run precise backtests, analyse order flow or develop algorithmic strategies needs high-quality tick data with a long history and high data quality.

For professional traders, analysts and developers, tick data is an indispensable foundation of modern market analysis.

KI-Support: This article was created with AI assistance and editorially reviewed.
Risk warning: Futures, shares and foreign exchange trading involve considerable risk and are not suitable for every investor. An investor could lose all or more than the capital invested. Risk capital is money that can be lost without jeopardizing financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily an indicator of future results.