RICs

gordon.konheiser
gordon.konheiser Explorer
edited February 11 in Refinitiv Data Platform

Morning,

Where is the best place to test RICs , Some of the historic rics have different logic in how they are constructed, and I need to test which is the correct format.

Thx

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Answers

  • Jirapongse
    Jirapongse ✭✭✭✭✭

    @gordon.konheiser

    Thank you for reaching out to us.

    This could be the RIC Search tool or Search API on the Data Platform.

  • gordon.konheiser
    gordon.konheiser Explorer

    Thanks,

    And were can I find the rules on how historic RICS are constructed. It infuriating, seems to change all the time.

    For example TFMBMZ5 which is the Dec FFT contract . For the January 25 contract I am unable to construct the ric?

  • raksina.samasiri
    raksina.samasiri admin

    Hi @gordon.konheiser ,

    RIC RULES application in Workspace will give you an idea of how our RICs are constructed. Although we have natural language search throughout LSEG Workspace (in the Workspace Search bar), it is sometimes useful to know how to construct the codes themselves.

    image.png

    For more detail in contents available through our products. You can contact Helpdesk, which can be reached via MyAccount and they is going to reach out to content team and keep you posted.

  • gordon.konheiser
    gordon.konheiser Explorer

    What would this be called in Eikon ?

  • gordon.konheiser
    gordon.konheiser Explorer

    I am unable to pull up the Historic rics for TFMBM in the RIC search tool , could you tell me the format for that contract historically ie what is the RIC for the feb expiry ? I tried TFMBMF2^5

  • aramyan.h
    aramyan.h admin

    Hi @gordon.konheiser ,

    The correct RIC for TFMBM for feb expiry is TFMBMG5^2. As mentioned by my colleagues above you will need to follow the RIC Rules to construct the logic. As my colleagues mentioned you can check the RICs by searching in Eikon/Workspace (please note this is valid only for futures RICs, for option RICs you will not be able to find in Search) or by using API calls like Search or Historical Pricing.

    To streamline all this process, we have an article explaining the steps and introduces a python object to retrieve futures RICs with a single request (you can access the code in the GitHub repo of the article). See the article here -

    https://developers.lseg.com/en/article-catalog/article/reconstructing-rics-for-expired-futures-contracts

    Additionally, we have a notebook in Codebook named Commodity_Futures_RIC_Search.ipynb under folder /__Examples__/08. Trading/ which replicates the article:

    Screenshot 2025-02-12 at 14.42.38.png

    Hope this helps and let me know if you have any further questions.

    P.S. We are planning to introduce this as a function within our LSEG Data Libraries in Python during the upcoming releases.

    Best regards,

    Haykaz

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