London: 17 November 2004
ComStock, a subsidiary of Interactive Data Corporation (NYSE: IDC) and a leading provider of real-time global market data, has extended its existing arrangement for the provision of international data to royalblue (LSE: RYB) for its Fidessa product suite by providing an additional range of value-added European and US equity market reference data.
This additional data is provided from ComStockâs new InDepth service, a premium selection of corporate actions, descriptive data and pricing fundamentals. The data from InDepth can be fully customised and complements ComStockâs real-time pricing information. It offers the end-user âlong quoteâ information for all equities in the ComStock universe.
ComStock already feeds Fidessa with real-time market data to supplement Fidessa's own direct exchange feeds via XpressFeed, a high-speed digital datafeed that delivers access to real-time plus delayed market information. Tailored for financial institutions and online services, XpressFeed carries real-time content from more than 350 global sources and exchanges covering more than 1.8 million instruments across virtually all asset classes. XpressFeed offers extensive coverage of Europe, the US, Asia Pacific, Latin America, South America and Africa.
Simon Barnby, business development manager for Fidessa, commented: "The addition of this reference data fleshes out the market data offering we provide to Fidessa clients. With real-time coverage of 21 markets across Europe and North America already in place, this is an important next step for Fidessa in providing enhanced services to both our trading systemsâ users as well as users of our market data workstation product."
Mark Hepsworth, managing director for ComStock Europe, added: "We are pleased to provide royalblue with this additional European and US equity market coverage. Since Interactive Data acquired ComStock early in 2003, the integration of the business has enabled us to share a vast range of time-sensitive pricing including evaluated pricing, dividend, corporate action and descriptive information for more than 3.5 million securities traded around the world. We can now deliver this additional value-added benefit to our customers."