Money.Net Previews ‘Disruptive' Algo News Service for Q4
Money.Net CEO Morgan Downey declines to give specifics of the news offering, but says it will address shortfalls of other wires.
The vendor currently provides a range of news functions, including high-speed news feeds and RSS feeds from various news providers, as well as scrolling headlines and squawks, but Money.Net chief executive Morgan Downey says the vendor is working on a new development that will better deliver market-moving news to users.
"Thomson Reuters, Bloomberg and Dow Jones each have their positives and negatives, but they are not the be-all-and-end-all when it comes to news. Firstly, they are all siloed─for
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