Dow Jones Elementized Feed Expands Data Set

Dow Jones has added data from corporate earnings reports to the Dow Jones’ Elementized News Feed for serve high frequency traders, the company announced yesterday.

Dow Jones Corporate Elementized News Feed is now delivering “news catalysts” from the corporate earnings reports of the world’s most liquid companies to give traders an expanded data set for use in executing more profitable trades.

News catalysts are key data points that extend beyond earnings per share (EPS) and revenue to provide traders with better insight into the prospects for a company, the company’s release said. According to Dow Jones, this data can significantly impact share price, but it has never before been consistently or reliably delivered to the market in a way that facilitates quick execution, the company claims.

“With more data, traders can build smarter algorithms and gain a competitive advantage for trades executed during normal market hours and after-hours trading that revolves around earnings events,” commented Rob Passarella, vice president of institutional markets at Dow Jones, in the company’s release. “The additional data Dow Jones is now delivering from corporate earnings reports allows traders to benchmark earnings, profit and revenue against earnings-per-share data points and guidance for a clearer picture of a company’s or industry’s health.”

Editors and global financial markets experts at Dow Jones selected the companies and the news catalysts covered by the feed. The Corporate Elementized News Feed also delivers data on unscheduled corporate events such as dividend changes, mergers and acquisitions (M&As), management moves, bankruptcies and other key corporate events.

The Corporate Elementized News Feed is a computer-readable, ultra low latency feed built for high frequency trading that delivers corporate data for thousands of companies worldwide. It complements Dow Jones’s elementized feed of economic indicators to deliver complete coverage of news events that move global markets through an ultra low latency environment.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio