New York, NY – February 29, 2016–ACTIV Financial, a full-service market data vendor specializing in the delivery of low-latency, high-availability market data is adding two news packages from multi-asset class, real-time financial news service provider MT Newswires to its datafeed and web-based data display solutions. Activ Financial looks to strengthen its news service offering in a bid to appeal to existing and potential clients globally.
The distribution deal will enable Activ Financial to offer its clients subscription access to MT Newswires' Live Briefs Pro North America and Live Briefs Pro Global Markets feeds. The North America feed provides multi-asset class coverage of US and Canadian markets and economies, while the Global Markets feed provides ticker-level coverage of London Stock Exchange-listed companies. Both offer access to MT Newswires’ unique earnings reaction history analytics, global economic and forex coverage and social media alerts. Through the Live Briefs PRO service, subscribers have access to over 1,000 original breaking news stories across 118 categories each and every market day", says MT Newswires CEO Brooks McFeely.
Activ Financial President Frank Piasecki says the deal is intended to strengthen and expand our news offering for our current global and potential customers by giving them access to a timely real-time news service." He adds the deal was driven by clients looking for professional, cost effective institutional news feed alternative.
MT Newswires appeals to Activ Financial not just to help it expand globally, but also because the newswire provides Activ Financial’s customers with an affordable, complete and comprehensive news solution for their North American and European clients. "They can now offer us on a per-user or enterprise-wide basis which is significantly less expensive than the comparable Reuters or Dow Jones service." McFeely says, adding that at $50 per user per month for Live Brief Pro North America and $65 per user per month for Global Markets, the feeds are a "significantly less expensive alternative" to other major newswires.
The two news packages are currently implemented on the Activ Financial platform and our available to our subscribers.
ACTIV is a global provider of real-time, multi-asset financial market data and solutions. ACTIV offers neutral, managed services for buy and sell-side firms and technology providers seeking a complete market data solution that encompasses both global content management and data delivery. With coverage spanning more than 200 equity and derivatives exchanges around the world, ACTIV is the only truly end-to-end, independent market data utility in the industry. Founded in 2002 by market data specialists, the firm is privately owned and has offices in Chicago, New York, Tokyo, Singapore and London. More information can be found at www.activfinancial.com.