Graphite and orange horse sculpture in a dark stadium
Horse Trading

Data and trading systems for event markets

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Data

Order books, recorded live

Full depth across venues, time-aligned to the events that move prices. Available for research and backtesting, with proprietary, unique alternative data options.

Replay

Test against what really happened

Step through any recorded event, tick by tick: the book, the price and where your orders would have filled.

Trading

Built for live markets

Market making and event-driven execution, run on servers close to each venue. Every order is recorded and can be replayed.

Work with us

Datasets and replay access for trading and research teams.

About

Horse Trading

Horse Trading builds data and trading systems for event markets, where prices follow real-world outcomes.

We record full-depth order books across venues and align them to the events behind each move. We use that record to replay, test and run our own strategies, and we offer the same data and replay tools to trading and research teams. We also offer proprietary, unique alternative data options.

We started with live sport. The same systems apply to any market that settles on a real-world outcome.
Data

Horse Data

Order-book histories and structured event datasets for research and backtesting.

Market data
Recorded prices and order-book depth, organised by venue and market.
Alternative data
Proprietary, unique alternative data options connected to the market record through source references and capture timestamps.
Access
Tell us which markets, dates and event information you need. We’ll discuss coverage and access for your research.
Replay

Horse Replay

Replay recorded markets and inspect execution.

Market replay
Step through captured order books and align event information with changes in prices and depth.
Execution analysis
Examine recorded strategy decisions and orders alongside the market conditions at the time.
Research access
Tell us about your markets and research workflow. We’ll discuss replay access and the records you want to analyse.