TradeKing adds Interactive Data information

Source: TradeKing

Online broker TradeKing today announced its clients now can take advantage of a greater breadth and depth of financial data on its site, due to a new relationship with Interactive Data Corporation's (NYSE:IDC) Managed Solutions business.

As a result of the services provided by Interactive Data, the new expanded data and tools are designed to be more visually appealing, flexible, updated and customizable to clients than ever before.

"Savvy traders are making more strategic use of tools and data to improve their chances of success in this market environment, particularly as they're diversifying beyond stocks into options trading and other investment strategies," said Don Montanaro, CEO of TradeKing. "We're proud to kick off this year with an improved set of sophisticated data designed to help clients make better investment decisions in this or any economy. All this is in keeping with TradeKing's commitment to ensure all our clients have, at no extra charge, the tools and support that they need."

A particular highlight of TradeKing's new data offerings is better organized data for options and the securities underlying those options. Now, TradeKing clients will find important earnings and dividend information for the underlying securities alongside the option quotes. This is an important factor in trade decisions and accurate options quoting. In the coming weeks, TradeKing will also be more deeply integrating Interactive Data's financial information with content from its own social networking community throughout the TradeKing site. Other new data features include:

  • Expanded quote pages
  • Increased depth and breadth of data on options - all data points are refreshed with each change in quote data, including the size of the market (number of options contracts)
  • Increased power and functionality to TradeKing's stock, mutual fund and ETF screeners

"Interactive Data can help its customers create a unique online experience that attracts, engages, and retains users," said Luan Cox, general manager of Interactive Data Managed Solutions (Americas). "We are pleased to work with TradeKing to help its clients obtain, organize and understand the trading data to better assist their decision-making processes."

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