Corporate Actions Data Service

Over the years, EDI has developed and enhanced its "corporate actions data services". Our corporate action service range has been designed around our clients' needs. We offer fully customised data sets helping market participants to easily manage corporate action information.

As a result of this customer centred approach, we have developed a whole UK orientated product line providing clients with extensive data coverage of the UK Market. Customers looking for a global picture of the financial market subscribe to our worldwide data service range which provides them information from over 400 sources worldwide.

Everyday, we source and deliver corporate action data to major investment banks, broker-dealers and data vendors around the world.

What are Corporate Actions?

Any event initiated by a corporation that impacts its shareholders is called a corporate action.

Corporate Actions can pertain to either equity or debt securities, although there are some differences in the action types that apply to each.

A mandatory action is one in which the holder of the security has no choice regarding the change in status of his or her shares. Most mandatory actions happen automatically, with no action required on the part of the holder. A stock split is an example of a mandatory action.

A voluntary action is one in which the holder has a choice to make about how the action will affect the status of his or her shares. Usually, there is some action required on the part of the holder in order to participate in the action.