Interactive Data's ComStock Delivers Comprehensive Tick Data Service for Global Securities
October 10 2006 - 8:30AM
Business Wire
ComStock, an Interactive Data (NYSE: IDC) business and a leading
provider of real-time global market data and managed solutions,
today announced PlusTick, a new service that will provide financial
institutions with access to high-quality tick and trade data for
global securities. By offering comprehensive securities information
in an easy-to-use format, PlusTick can help clients to more
effectively comply with �best trade execution� and other government
mandates, and back-test and analyze algorithmic trading
applications designed to improve investment performance. PlusTick,
which is currently available, unites ComStock�s vast resource of
real-time, low latency data with a robust database. With this new
fully managed service, clients can identify a list of covered
financial instruments, and PlusTick can deliver full tick and trade
data for these securities on an intra-day or daily basis. PlusTick
is designed to be seamlessly integrated into a broad range of
financial applications and existing quote and trade databases,
which can enable clients to access a comprehensive source of
financial information without altering their workflow. The new
service offers comprehensive Level I and Level II information from
over 60 markets around the world, including major U.S. and European
exchanges. Clients can receive information for a range of data
elements, including trade, bid, ask, volume, open, high, low, and
close. �In light of developing compliance mandates in both the
United States and Europe for �best trade execution� of securities
trades and the continued emergence of algorithmic trading
applications, it is critical for global firms to have access to
high-quality information that can be delivered when they need it
and in a format that easily integrates into their current systems
and processes,� said Mark Hepsworth, president of ComStock. �By
offering a fully managed service, PlusTick can enable clients to
focus on their core business instead of data management, helping
them to more effectively utilize the massive volume of data that
flows through the financial markets.� Additional information on
PlusTick, including a full list of all supported markets, is
available at
http://www.comstock-interactivedata.com/PlusTick.shtml. About
Interactive Data Corporation Interactive Data Corporation (NYSE:
IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company�s businesses supply
time-sensitive pricing, evaluations and reference data for more
than 3.5 million securities traded around the world, including
hard-to-value instruments. Many of the world's best-known financial
service and software companies subscribe to the Company's services
in support of their trading, analysis, portfolio management and
valuation activities. Through its businesses, FT Interactive Data,
ComStock, CMS BondEdge and eSignal, Interactive Data has
approximately 2,200 employees in offices located throughout North
America, Europe, Asia and Australia, and is headquartered in
Bedford, MA. Pearson plc (NYSE: PSO; LSE:PSON), an international
media company, whose businesses include the Financial Times Group,
Pearson Education, and the Penguin Group, owns approximately 62
percent of the outstanding common stock of Interactive Data
Corporation. ComStock is a leading provider of real-time global
market data to financial institutions, redistributors and online
financial portals worldwide. ComStock's suite of services includes
PlusFeed, a consolidated, low latency data feed. Also managed as
part of the ComStock group is Interactive Data Managed Solutions, a
leading provider and operator of customized financial market
information systems. For more information about Interactive Data
and its businesses, please visit www.interactivedata.com. ComStock,
an Interactive Data (NYSE: IDC) business and a leading provider of
real-time global market data and managed solutions, today announced
PlusTick, a new service that will provide financial institutions
with access to high-quality tick and trade data for global
securities. By offering comprehensive securities information in an
easy-to-use format, PlusTick can help clients to more effectively
comply with "best trade execution" and other government mandates,
and back-test and analyze algorithmic trading applications designed
to improve investment performance. PlusTick, which is currently
available, unites ComStock's vast resource of real-time, low
latency data with a robust database. With this new fully managed
service, clients can identify a list of covered financial
instruments, and PlusTick can deliver full tick and trade data for
these securities on an intra-day or daily basis. PlusTick is
designed to be seamlessly integrated into a broad range of
financial applications and existing quote and trade databases,
which can enable clients to access a comprehensive source of
financial information without altering their workflow. The new
service offers comprehensive Level I and Level II information from
over 60 markets around the world, including major U.S. and European
exchanges. Clients can receive information for a range of data
elements, including trade, bid, ask, volume, open, high, low, and
close. "In light of developing compliance mandates in both the
United States and Europe for 'best trade execution' of securities
trades and the continued emergence of algorithmic trading
applications, it is critical for global firms to have access to
high-quality information that can be delivered when they need it
and in a format that easily integrates into their current systems
and processes," said Mark Hepsworth, president of ComStock. "By
offering a fully managed service, PlusTick can enable clients to
focus on their core business instead of data management, helping
them to more effectively utilize the massive volume of data that
flows through the financial markets." Additional information on
PlusTick, including a full list of all supported markets, is
available at
http://www.comstock-interactivedata.com/PlusTick.shtml. About
Interactive Data Corporation Interactive Data Corporation (NYSE:
IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company's businesses supply
time-sensitive pricing, evaluations and reference data for more
than 3.5 million securities traded around the world, including
hard-to-value instruments. Many of the world's best-known financial
service and software companies subscribe to the Company's services
in support of their trading, analysis, portfolio management and
valuation activities. Through its businesses, FT Interactive Data,
ComStock, CMS BondEdge and eSignal, Interactive Data has
approximately 2,200 employees in offices located throughout North
America, Europe, Asia and Australia, and is headquartered in
Bedford, MA. Pearson plc (NYSE: PSO; LSE:PSON), an international
media company, whose businesses include the Financial Times Group,
Pearson Education, and the Penguin Group, owns approximately 62
percent of the outstanding common stock of Interactive Data
Corporation. ComStock is a leading provider of real-time global
market data to financial institutions, redistributors and online
financial portals worldwide. ComStock's suite of services includes
PlusFeed, a consolidated, low latency data feed. Also managed as
part of the ComStock group is Interactive Data Managed Solutions, a
leading provider and operator of customized financial market
information systems. For more information about Interactive Data
and its businesses, please visit www.interactivedata.com.
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