The Wall Street Horizon and the Associated Press are joining forces to deliver breaking and actionable trading news to investment professionals.
By getting the buyside the breaking information they need faster and from one of the world’s preeminent news agencies, institutional traders can execute their orders faster – maximizing best execution and profits.
Under the agreement, AP’s breaking news and government economic data will be made available in machine-readable format via Wall Street Horizon’s event data platform.
News and government economic data are available from the AP in its Event Drive Data (EDD) suite of products designed for traders. The news service contains the entire text output of the AP and is delivered via anultra-fast, machine readable news (MRN) feed. AP’s EDD clients receive every AP story and update the moment an AP editor hits the publish button. AP’s EDD economic indicator service provides MRN data via proprietary software, directly from AP reporters covering the release of government financial and economic indicators.
Wall Street Horizon’s single-stock event data and its existing distribution platform, combined with breaking macro-economic news and data from the AP, WSH said, create a compelling data set that’s easily integrated into a firm’s workflow.
