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Wall Street Horizon, MT Newswires Ally for Correlated News, Events Data

Tue January 24, 2017

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Wall Street Horizon will refer interested parties to MT Newswires, so they can correlate the vendors' data.

Events data provider Wall Street Horizon has struck a deal with MT Newswires to act as a sales agent for the news provider's content for clients that want to correlate historical news coverage against historical events data and price movements, officials say.

The deal will see Wall Street Horizon refer clients─particularly among quantitative traders─interested in understanding the effect of news on share prices in addition to the effect of corporate events to real-time and historical content from the North American and Global Markets versions of MT Newswires' Live Briefs Pro news service.

Wall Street Horizon president Bruce Fador says quantitative traders appreciate how well structured its data is, and ask the vendor for other information sources with similarly structured historical data.