International and expatriate private investors benefit from exclusive, sophisticated financial information and analysis functionalities
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that its Managed Solutions group has enhanced the online offering of Internaxx, the Luxembourg-based online broker. Through www.internaxx.lu, Internaxx specialises in aiding equity trading for offshore and expatriate private investors by providing extensive financial information and sophisticated tools for intelligent analysis and confident, self-directed transactions. Interactive Data Managed Solutions has designed, developed and implemented the new offering for three main user groups with data packages and functionalities specifically tailored to their needs.
Hosted on the Market Data Gateway, Interactive Data Managed Solutions’ open market data platform, the new offering provides expansive delayed and real-time coverage of equity markets, with 14 major European and US stock exchanges, including Frankfurt (Xetra), New York, London, Amsterdam and Brussels. Internaxx users can also view news from Dow Jones Newswires, technical analysis reports from Trading Central, or stock reports covering U.S. companies from Standard & Poor’s Research. Up to 10 years of historical data can also be accessed.
Customised information and functionalities for three defined target groups
Internaxx addresses three key target groups among private investors: Standard Users, Frequent Traders who trade equities at least 30 times per year, and Active Traders trading equities at least 200 times per year. To help meet the requirements of these groups, Internaxx customises services and information, with content offerings ranging from Level 1 real-time data for Standard Users to real-time Level 2 data for Active Traders. A Buy and Sell button directly linked into the online broker’s trading system is designed to make transactions easy and accessible for all user levels.
Registered Active Traders can benefit from an exceptionally broad offering, including unlimited access to their order books as well as streaming Level 2 prices delivered in push mode. The Market Monitor tool provides a comprehensive overview of essential stock market information to help Active Traders monitor stocks via real-time watchlists and alerts, and quickly view news, company reports and technical analysis. Interactive Charts with live streaming quotes are designed to allow traders to survey current activity on equities and analyse the markets.
All new tools available on the Internaxx online offering are tailored to help traders better assess market movement and make intelligent trading decisions. Internaxx users can view information in German, Dutch, English and French.
“This information platform for international and expatriate investors is unique in Europe. Whereas other brokers offer their clients streaming quotes and analyses limited to their local markets, Internaxx is the only platform to cover the European and North American markets and the first to equip active traders with insight into international markets previously reserved for professional investors, but without the high costs associated with an account manager,” said Robert Glaesener, Internaxx General Manager. “This exclusive service strengthens the Internaxx position as the offshore online broker of choice for international and expatriate investors. Now private investors have an unrivalled access to a truly unique international share and derivatives dealing service.”
“We are pleased to have Internaxx as our customer and support their mission of offering trading opportunities to private investors living abroad,” said Bruno Palmino, managing director of Interactive Data Managed Solutions in France. “Interactive Data Managed Solutions has created a comprehensive set of highly customised functionalities and data offerings that help meet the special demands of Internaxx and its online customers.”