January 19, 2011

Associated Press

Dow Jones to launch currency news service

 

News Corp. subsidiary Dow Jones & Co., which publishes The Wall Street Journal, Dow Jones Newswires and MarketWatch, said Tuesday it will launch a new real-time information service targeted toward foreign exchange traders in the coming months.

 

DJ FX Trader will provide news, data and analysis to better direct users’ market and currency trading strategies.  The application will aim to provide access to breaking foreign exchange news ahead of the broader market.  The company is launching the service as the boom in currency trading is expected to continue from $4 trillion a day currently to $10 trillion by 2020, according to UBS AG.  Dow Jones said institutions globally today spend more than $1.7 billion annually for currency news and information, according to a Burton-Taylor International Consulting LLC study.

“The House of Medici made money from foreign exchange – in our age, it will be Dow Jones,” said Robert Thomson, editor-in-chief of Dow Jones and managing editor of The Wall Street Journal. “Currencies were once merely a measure, but they are now a global asset class.”

Dow Jones’ team of 2,100 journalists in 90 bureaus includes 100 journalists dedicated to covering news vital to foreign exchange markets. The foreign exchange news team will be led by Jim Pensiero, deputy managing editor of The Wall Street Journal, Gabriella Stern, managing editor of DJ FX Trader, and Rick Stine, senior editor of Dow Jones Newswires.

 

Latest Burton-Taylor News

March 5, 2012

Canadian Business

Thomson Reuters' Eikon fails to unseat Bloomberg

 

On Sept. 14, 2010, at a glamorous bash held inside the Grand Central Terminal in New York, Thomson Reuters (TR) proclaimed the dawn of a new era. Under massive lit arches and amid a curated exhibit of Thomson and Reuters financial terminals from decades past, the company unveiled Eikon: a new system representing the culmination and fruition of the 2008 merger between Canada’s Thomson Corp. and British information giant Reuters. In the largest ad campaign in either company’s history, Eikon was touted as a revolution for the financial services industry.  Full Story

 

This story, as well as all Burton-Taylor news may be accessed through the Press Room link below.

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Latest Burton-Taylor Research

February 6, 2012

Financial Market Data/Analysis Global Share & Segment Sizing 2012
 

 

- Key Competitors, Global Market Share, Global Segment Sizing, Global Product Mix, Global User Mix, Global Institution Mix - 2007-11
 

Burton-Taylor International Consulting LLC, delivers a comprehensive, 164 page analysis containing five years of market data supplier share, demand segmentation, vendor demographics, product segmentation, user segmentation and institutional buyer segmentation.

 

This report, as well as all Burton-Taylor free or for purchase research, may be requested through the All Research link below.

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