Need to Know News (NTKN), CQG Offer Real-Time Economic Releases and News

16 September 2008

Need to Know News LLC today announced a licensing agreement with CQG, Inc. to provide its Essential service, the only scrolling news feed designed specifically for traders. Essential provides real-time global economic releases and marketmoving data via CQG terminals.

“Need to Know News is excited to offer Essential through CQG. Essential is the first and only real-time financial news service designed specifically for electronic traders,” said Clint Rhea, Chief Operating Officer of NTKN. “As the name denotes, Essential exclusively delivers crucial trading data and news in a trader-friendly format, with no clutter from extraneous news, at a price that is a fraction of other services.”

Rhea highlighted the low cost of the service: “Essential is less expensive than the competition. Traders are privy to key global economic releases and other market-moving news throughout the day. Our journalists report via ultra-low latency infrastructures and have privileged access to vital official data from sources such as governments and central banks."

“Traders want the key points to a news event so they can react quickly in the market. Essential’s concise format delivers only the critical information needed,” said Jim Moock, CQG’s Director of Business Development. “CQG is pleased to provide Need to Know News’ Essential service to our customers.”

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