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Tip #2001-5: Using Reuters Real-Time Page Information in Financial Models

 

Some Design and Data Organization Tips

Unfortunately, many market professionals try to pull out portions of page data in separate cells with DDE formulas nested within Excel’s text parsing formulas. Using this approach creates an error prone, impossible-to-maintain mess. If you want to perform calculations on page-based data, we suggest that you keep the real-time page data in a single column on a separate worksheet. The formulas to perform the parsing should be put in cells adjoining the single column of real-time data. Make sure you label the columns with the parsed information and assign a name to the cell with the parsed information.

An example of what we mean is shown below:

page_parse_sample.gif (41k)

 
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