CNBC launches market data tool

CNBC launches market data tool

Business news TV channel CNBC has partnered Swiss vendor CarryQuote to develop mobile and desktop market data applications.

Aimed at retail investors priced out by Thomson Reuters and Bloomberg, CNBC Pro offers real-time global market data from over 100 exchanges and as well as equities, covers commodities, exchange traded funds, futures, bonds, real estate and currencies.

Users also get live access to the channel's global programming and real-time price and breaking news alerts for the $29.99 per month price. The service can be accessed from desktops and BlackBerrys while iPhone, iPad, Android and Nokia access to follow next year.

CarryQuote says an enterprise version of the service, using its market data will also be launched in January. The vendor claims that its "unique" relationships with exchanges provides data snapshots rather than streams, enabling it to deliver the exact same information from the exact same sources, at a fraction of the price of traditional suppliers.

Scott Drake, VP, CNBC Digital, says: "The introduction of CNBC Pro marks the availability of a premium solution for global real-time market data, news and information at a price point that is within reach for many sophisticated individual investors."

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