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.

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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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