Interactive Data Corporation, a leading provider of market data solutions to the global commodities and energy industry, today announced the availability of its latest version of FutureSource, designed to deliver cost-effective market data management, analytics and trade execution through a variety of futures commission merchants.
Interactive Data continues to make significant investments in extending the content available within the FutureSource platform and the functionality to search, analyze and chart various content sets. The latest iteration, FutureSource 3.6, expands on tree-like menu searching so that data is easier to find, while new content sets enable users to see what is currently trending in the energy, agriculture and metals markets.
New content includes data sets from Argus Media and OPIS, including the Feedstock, LP, Spot Prices and RINS. The Argus and OPIS data sets deliver detailed information and price assessments for the energy and commodity markets, covering crude and petroleum products, natural gas and LNG, electricity, coal, emissions, biomass, biofuels, fertilizers and transportation.
Alongside the broad array of new content, FutureSource 3.6 delivers a more intuitive approach to search and new methods for viewing and analyzing market data. This includes implied volatility on charts, enabling a user to compare historic implied volatility to the historic volatility of an underlying instrument, the ability to import and export expressions and external data, symbol linking and the addition of a VWAP calculator.
Interactive Data is also introducing a new and improved suite of Excel add-on tools to better support the ability to download historical data into Excel. This enables users to extract historical data and formulas from FutureSource, while a new suite of RTD Excel templates is available to enhance the analytical capabilities within Excel.
"As the global energy and commodities markets continue to diversify and demand patterns fluctuate, traders require a platform that can efficiently manage and display a vast amount of data to understand where the markets are at any given moment, why they may move and what could be causing that movement," said Kyle Ford, Global General Manager, Desktops at Interactive Data. "We continue to enhance FutureSource to enable users to view a vast array of benchmarked data for key markets. With integrated tools to analyze these data sets in the most efficient and user-friendly manner, coupled with enhanced analytical capabilities, we are supporting them in making more informed trading decisions."