Trade Execution Data
Trade execution data consists of the historical record of completed transactions, including price, volume, and timestamp. This data is the raw output of the matching engine and provides the most accurate reflection of actual market activity.
Traders use this data to perform post-trade analysis, evaluate the performance of their execution strategies, and identify patterns in market behavior. In the digital asset world, this data is often aggregated and analyzed to track institutional flows and market-wide trends.
It is the foundation for building and backtesting trading models. Reliable access to this data is essential for transparency and for developing a sophisticated understanding of how the market functions.