Cognotec and MNI bring breaking forex news to RealStream Margin

22 September 2008

Cognotec, vendor of the world’s leading e-forex trading solutions, has announced a partnership with Market News International (MNI) to enable traders to access breaking forex market news from around the world. Users of Cognotec RealStream Margin trading solution can now enjoy MNI’s ‘FX Bullet Points’ newsfeed on their desktops from within the RealStream Margin trading platform.

As well as breaking news, FX Bullet Points gives traders access to a global network of dedicated journalists who produce:

• Exclusive interviews with global monetary and fiscal policy-makers
• Authoritative reporting and instant analysis on official economic indicators
• Forward-looking reporting on cash and derivatives markets
• Proprietary economic news, features and indices
• Previews to assess risk ahead of economic news and events

This announcement adds to the already outstanding range of features RealStream Margin offers. As the leading margin trading solution for financial institutions to offer to their end users (via a web-distributed platform) RealStream Margin users enjoy a real-time environment and true ‘one click’ trading via executable streaming rates, while sophisticated revaluation tools also enable up-to-the-millisecond portfolio analysis capabilities. In addition, RealStream Margin allows financial institutions to source liquidity from third-party providers, so that a full trading service with guaranteed ability to execute can be extended to end users without the need for the financial institution to make a market in all currencies. In this way, both institutions and their end-users enjoy a virtuous circle of benefits from this best-of-breed trading platform.

Our FX Bullet Points staff is comprised of reporters who think like traders. Their expertise, combined with MNI’s rapid delivery of market-moving news, allows our subscribers to make educated trading decisions when every second counts,” said Michael Connor, chief executive officer of MNI. “We are delighted to provide users of Cognotec RealStream Margin with the best intra-day reports on currency markets available.”

Mike Thrower, Head of Sales and Marketing from Cognotec added: “This is truly a win-win situation for our financial institutions and our end users. RealStream Margin is fast becoming the margin trading platform by which others are measured, and this agreement with MNI keeps us ahead of the game. Now, RealStream Margin offers end-users the tools to enhance their trading strategies and on-the-spot decision-making as well as access to real-time, guaranteed prices in a range of currencies.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development