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Re: News: the "Broad Tape"



PureBytes Links

Trading Reference Links

1. Reuters
2. Bloomberg
3. Telnet
all of the above are necessary as is CNBC
at times they have the news first
I have a CNBC, Reuters, Bloomberg, & Telnet
the later 2 from a friend who calls at once when I have an interest or
position
the Bloomberg will be here next month.
the broad tape is the Dow Jones news service which is carried on Bloomberg &
Reuters ( to some extent)
in the old days the Dow Jones news service was on a paper tape ( a wider one
than the tape of the ticker of the NYSE)
-----Original Message-----
From: Paul A. <paulha@xxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Friday, April 30, 1999 4:42 PM
Subject: News: the "Broad Tape"


>Folks:
>
>I'm currently using news from Signal (to help trade Nasdaq stocks), which
is
>pretty pathetic.  Just some headlines for a lot of money.
>
>I have the impression that other traders have access to news I can't see,
but
>Signal claims that they are giving me all the headlines from the "Broad
>Tape".
>OTOH, they don't seem to eager to define the "Broad Tape".
>
>Can someone please give me an overview of what news is available to
traders?
>Of course, I understand that there are competing independent news services,
>but
>how do most traders assure themselves that they're seeing pretty much
>everything that's relevant to a particular stock they've got a position in.
>
>And what the heck is the "Broad Tape"?
>
>A suggestion for a better (internet-based) news service would also be
>welcomed.
>
>Thanks.
>
>    Paul
>