Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related services, today announced that its Real-Time Services business will provide real-time foreign exchange data to HedgeStreet�s online trading marketplace. HedgeStreet� (http://www.hedgestreet.com), the first person-to-person all-electronic, government-regulated online financial exchange, can now offer its customers seamless access to a broad range of high-quality real-time foreign exchange data that is aggregated by Interactive Data�s GTIS from 170 market participants around the globe. GTIS is a premium service delivered through Interactive Data�s PlusFeed. Customers can utilize this data to monitor the performance of their HedgeStreet portfolios and to make investment decisions. �We are delighted that HedgeStreet has selected Interactive Data�s high-quality real-time data for use in their offerings,� said Don Finucane, vice president of marketing and product management, Interactive Data Real-Time Services. �We believe that HedgeStreet has developed an innovative Web-based platform, and look forward to continuing to support their efforts of bringing derivatives trading to the retail market.� �After a comprehensive review of potential data providers, we selected Interactive Data�s PlusFeed for data quality, breadth and depth of coverage, and flexibility,� said Ravi Viswanath, chief technology officer, HedgeStreet. �We are excited to work with a company that can offer us seamless access to a vast universe of high-quality global data to support our ever-expanding offerings.� Interactive Data offers institutions a suite of services for their real-time needs. This includes PlusFeed, a real-time digital datafeed service that delivers financial information to power mission critical electronic market data applications, including algorithmic trading engines where speed is crucial. PlusFeed provides data from over 450 sources and exchanges worldwide, and covers in excess of 3.4 million securities. About HedgeStreet HedgeStreet Inc. is the only U.S. designated market that lets online investors trade innovative financial instruments based on economic events. A designated contract market (DCM) and a registered derivatives clearing organization (DCO), HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC). For more information, visit www.hedgestreet.com. 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, dividend, corporate action 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, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. 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. Interactive Data Real-Time Services is a leading provider of real-time global market data to financial institutions, redistributors and online financial portals worldwide. Offerings from Interactive Data Real-Time Services include PlusFeed, a consolidated, low latency datafeed. Also managed as part of this business is Interactive Data Managed Solutions, a leading provider and operator of customized financial market information systems. For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com.
Interactive Data (NYSE:IDC)
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