Worldwide Shares Outstanding(WSO) - FAQs:
|
|
General FAQ’s
|
| Q |
When is WSO updated? |
| A |
Every Monday. (Except on Monday Bank Holidays,the WSO is updated on Tuesday). Some countries are updated on daily basis. Please refer to "Country Available Daily" button on the left-hand side menu. |
| Q |
What methods are used for data delivery? |
| A |
Information can be received via FTP in a feed or via the web. |
| Q |
At what time can one generally expect the feed(s) and data to be available for collection? |
| A |
The data should definitely be available by GMT10pm. Normally though, it can be picked up by GMT 7pm. |
| Q |
What does the file_date mean? |
| A |
This is the date when the provider has compiled the data. The shares outstanding figures are valid as of that date. In cases where the provider has not specified the date the last date of the week or month is taken depending on the frequency of the file. |
| Q |
What does the mod_date mean? |
| A |
The mod_date is the date when EDI updates the database with the new information. The information that’s updated is not necessarily the Shares Outstanding figure, but it may also apply to any other field in the product. |
| Q |
Which date has more significance (mod_date or file_date)? |
| A |
The file_date as it shows the number of shares outstanding as of that date. |
| Q |
How frequently are the files received from providers? |
| A |
On a daily, weekly, monthly and quarterly basis. |
| Q |
Where is the information sourced from? |
| A |
Stock Exchanges and local data vendors. |
| Q |
Does the service show figures for voting and non-voting shares separately?
|
| A |
Yes, also known as A and B shares. The figures are given as two separate security lines showing respective shares outstanding. The service shows different classes of primary lines.
|
| Q |
Does the service give preference share figures?
|
| A |
Yes, depending on the exchange.
|
| Q |
What are these figures used for?
|
| A |
- Market Capitalisation figures
- Portfolio holding levels
- Reporting Levels
- Portfolio compliance - pre-trade/post-trade
|
| Q |
How are these figures used?
|
| A |
- For calculating a company’s Market Capitalisation.
- Depending on the client, Fund Managers may have specific rules for the management of their money. For example, no more than a 0.5% overall interest in a Japanese company. In this way the WSO figures can give these levels by showing the % of shares held in a portfolio.
- Depending on the exchange and regulators, rules of disclosure of share holdings can be very strict. Examples are 3%, 14% and 30% holding reporting rules for the London Stock Exchange.
|
| Q |
Does WSO cover any secondary markets given?
|
| A |
It depends on the exchange. We do have some OTC markets. For example, Romania (R.A.S.D.A.Q.), USA (Non-NASDAQ OTC Equities), Brazil (S.O.M.A.) and Taiwan(OTC market).
|
|
|
The following FAQ’s only apply to securities with country of incorporation = United states, and information source = An American Stock Exchange.
|
| Q |
What triggers a new shares outstanding date? |
| A |
Any reported change in the number of shares outstanding or a filling of a 10K or 10Q (or an amendment of such). |
| Q |
Does a new shares outstanding date always represent a new effective date? |
| A |
Yes |
| Q |
What is the longest possible lag time between a Shares Outstanding Date and an effective date? |
| A |
There is usually no lag (i.e. a 10Q is files as of ex date, shares outstanding will be posted on ex date). |
| Q |
Do the procedures used to obtain shares outstanding numbers differ according to the exchange (NYSE, AMEX, Nasdaq) on which an issue is listed? |
| A |
No. |
|
Web Features |
| Q |
What special features can you find on the web.? |
| A |
By entering the number of shares held you can see the Percentage of shares held, in that company. |