Dow Jones Adds Corporate Events Coverage to Power High-Frequency Trading
Traders Gain Advantage With Data Delivered Consistently Via Low Latency Feed
NEW YORK, Jan. 5, 2011 /PRNewswire/ -- The Dow Jones Corporate Elementized News Feed now delivers "news catalysts" from the corporate earnings reports of the world's most liquid companies to give traders an expanded data set for use in executing more profitable trades.
News catalysts are key data points that extend beyond earnings per share (EPS) and revenue to provide traders with better insight into the prospects for a company. This data can significantly impact share price, but it has never before been consistently or reliably delivered to the market in a way that facilitates quick execution.
"With more data, traders can build smarter algorithms and gain a competitive advantage for trades executed during normal market hours and after-hours trading that revolves around earnings events," said Rob Passarella, vice president of Institutional Markets at Dow Jones. "The additional data Dow Jones is now delivering from corporate earnings reports allows traders to benchmark earnings, profit and revenue against earnings-per-share data points and guidance for a clearer picture of a company's or industry's health."
The companies and the news catalysts covered were selected by editors and global financial markets experts at Dow Jones. The Corporate Elementized News Feed also delivers data on unscheduled corporate events such as dividend changes, mergers and acquisitions (M&As), management moves, bankruptcies and other key corporate events.
The Corporate Elementized News Feed is a computer-readable, ultra low latency feed built for high-frequency trading that delivers corporate data for thousands of companies worldwide. It joins Dow Jones's elementized feed of economic indicators to deliver complete coverage of news events that move global markets through an ultra low latency environment.
For more information about the Dow Jones Elementized News Feed, visit http://www.dowjones.com/salesandtrading/product-elementized-news-feed.asp. For more information about Dow Jones, visit www.dowjones.com.
ABOUT DOW JONES
Dow Jones & Company is a global provider of news and business information and a developer of technology to deliver content to consumers and organizations across multiple platforms. Dow Jones produces newspapers, newswires, Web sites, apps, newsletters, magazines, proprietary databases, conferences, radio and video. Its premier brands include The Wall Street Journal, Dow Jones Newswires, Factiva, Barron's, MarketWatch, SmartMoney and All Things D. Its information services combine technology with news and data to support business decision making. The company pioneered the first successful paid online news site and its industry leading innovation enables it to serve customers wherever they may be, via the Web, mobile devices and tablets. The Dow Jones Local Media Group publishes community newspapers, Web sites and other products in six U.S. states. Dow Jones & Company (www.dowjones.com) is a News Corporation company (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com).
SOURCE Dow Jones & Company
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