âNeed 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,â said Clint Rhea, Chief Operating Officer of NTKN. âAs 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.â
Rhea highlighted the low cost of the service: âEssential 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."
âTraders want the key points to a news event so they can react quickly in the market. Essentialâs concise format delivers only the critical information needed,â said Jim Moock, CQGâs Director of Business Development. âCQG is pleased to provide Need to Know Newsâ Essential service to our customers.â