Interactive Data Introduces New Version of FutureSource & Reports Positive 2012 Performance

by Adil Siddiqui
Interactive Data Introduces New Version of FutureSource & Reports Positive 2012 Performance
interactive data

Interactive Data Corporation announced 2012 earnings as well as the availability of its enhanced version of FutureSource®. The FutureSource platform is designed to deliver cost-effective market data management, Analytics and trade execution through a variety of futures commission merchants.

Interactive Data continues to make significant investments in extending FutureSource to traders, brokers and analysts globally, and this latest iteration is the first of several expansions to the platform that are currently planned to be released this year. FutureSource Version 3.5 introduces a broad array of new non-exchange content along with improvement to the user experience and enhancement to options analytics, in a comprehensive solution.

“Energy and commodities traders, brokers and analysts face challenges related to global demand pattern changes, volatility and asset diversification, and they are looking for a platform that can provide the content, functionality and usability required to aid their decisions,” said Tom Mallon, Global Director, Energy & Commodities for Interactive Data. “The upgraded capabilities in FutureSource are designed to address these decision support needs while helping our customers maximize the value of their market data spend.”

In addition, the market data provider reported its financial results for the fourth quarter and full year ended December 31, 2012. Interactive Data’s fourth-quarter 2012 revenue increased 1.0% to a record $224.3 million from $222.1 million in the fourth quarter of 2011. Excluding the impact of changes in foreign exchange rates, Interactive Data’s organic (non-GAAP) revenue grew 0.9% from the fourth quarter in 2011.

Key additional enhancements in FutureSource include:

Expanded Content: Users can view market depth for ICE Futures US and ICE Futures Europe, along with new US and European refined oil products content from Argus Media, EIA oil inventory statistics, and agriculture cash market prices from USDA.

Enhanced Options Analytics: Users now have access to more powerful analytics and Risk Management capabilities, designed to allow them to chart historical implied volatilities and options skews. They can also view expanded options content for all options months or a specified group of months.

Current Trending News: Greater insight on key market drivers is offered for energy, agriculture and metals, along with related industry information from thousands of news sources.

Tick Bar Charts: Tick data can now be viewed as a series of user-defined bar charts, designed to provide a deeper view into intra-day price changes, volume changes and overall trading patterns.

Tree Structure Search: A new and intuitive futures symbol lookup function designed to more easily and quickly find content.

“We are delighted to have Interactive Data as a vendor for Argus price reporting services,” Argus Media chairman and chief executive Adrian Binks said. “Argus’ in-depth coverage of global energy and commodity markets will offer Interactive Data’s customers robust data and analysis to help support investment and trading decisions.”

interactive data

Interactive Data Corporation announced 2012 earnings as well as the availability of its enhanced version of FutureSource®. The FutureSource platform is designed to deliver cost-effective market data management, Analytics and trade execution through a variety of futures commission merchants.

Interactive Data continues to make significant investments in extending FutureSource to traders, brokers and analysts globally, and this latest iteration is the first of several expansions to the platform that are currently planned to be released this year. FutureSource Version 3.5 introduces a broad array of new non-exchange content along with improvement to the user experience and enhancement to options analytics, in a comprehensive solution.

“Energy and commodities traders, brokers and analysts face challenges related to global demand pattern changes, volatility and asset diversification, and they are looking for a platform that can provide the content, functionality and usability required to aid their decisions,” said Tom Mallon, Global Director, Energy & Commodities for Interactive Data. “The upgraded capabilities in FutureSource are designed to address these decision support needs while helping our customers maximize the value of their market data spend.”

In addition, the market data provider reported its financial results for the fourth quarter and full year ended December 31, 2012. Interactive Data’s fourth-quarter 2012 revenue increased 1.0% to a record $224.3 million from $222.1 million in the fourth quarter of 2011. Excluding the impact of changes in foreign exchange rates, Interactive Data’s organic (non-GAAP) revenue grew 0.9% from the fourth quarter in 2011.

Key additional enhancements in FutureSource include:

Expanded Content: Users can view market depth for ICE Futures US and ICE Futures Europe, along with new US and European refined oil products content from Argus Media, EIA oil inventory statistics, and agriculture cash market prices from USDA.

Enhanced Options Analytics: Users now have access to more powerful analytics and Risk Management capabilities, designed to allow them to chart historical implied volatilities and options skews. They can also view expanded options content for all options months or a specified group of months.

Current Trending News: Greater insight on key market drivers is offered for energy, agriculture and metals, along with related industry information from thousands of news sources.

Tick Bar Charts: Tick data can now be viewed as a series of user-defined bar charts, designed to provide a deeper view into intra-day price changes, volume changes and overall trading patterns.

Tree Structure Search: A new and intuitive futures symbol lookup function designed to more easily and quickly find content.

“We are delighted to have Interactive Data as a vendor for Argus price reporting services,” Argus Media chairman and chief executive Adrian Binks said. “Argus’ in-depth coverage of global energy and commodity markets will offer Interactive Data’s customers robust data and analysis to help support investment and trading decisions.”

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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