NewswireToday - /newswire/ -
London, Greater London, United Kingdom, 2012/06/12 - EDI signed a partnership agreement with ZagTrader to distribute its core data sets to their Middle East and African client base - Exchange-Data.com.
Exchange Data International (EDI) today announced the agreement with ZagTrader, the only region-wide Online Trading & Financial Analysis platform, to distribute its data via their online solutions.
Clients of the ZagTrader trading platform will have direct access to EDI’s worldwide corporate actions and end-of-day pricing data.
EDI’s corporate actions data set covers over 110 countries providing in-depth overview of the changes affecting equities instruments around the globe with detailed announcement on over 50 event types.
The End-of-Day pricing data provides open, high, low and close prices among others pricing elements, for both global equities and bonds from 170 markets.
“This partnership is a great opportunity for EDI to offer its data to the Middle East & African financial community.” says Jonathan Bloch, C.E.O and founder of Exchange Data International. “We are delighted to work with ZagTrader and combine our skills and experience to provide clients with comprehensive and high quality data and optimal performance with the latest technologies.”
"We are pleased to add EDI's specialized financial data to our ever expanding portfolio of global data providers," says Shihab Khalil C.E.O and founder of ZagTrader. "Our partnership with EDI will allow ZagTrader to give its users the edge they need to make better and more informed financial decisions by using our research terminal system ZagTrader PRO which contains content from EDI and other note worthy providers. ZagTrader is committed to its users to bring them the most up to date and comprehensive data available."
EDI’s data is available either via ZagTrader existing trading system or a white-labelling solution framed within clients’ portals or website. Both data sets are highly customisable so clients can either purchase data for one country, the Middle East and African region or the entire universe.
The UAE based company ZagTrader was established in 2009 as an IT solutions provider. It currently operates its network in UAE, Qatar, Saudi Arabia, Iraq, Jordan and Egypt. ZagTrader is expanding its market share in the rest of the MENA region as well.
ZagTrader is the only region-wide Online Trading & Financial Analysis platform that provides the users the edge to understand market dynamic to better manage risk, spot potential opportunities and make informed trading decisions.
About Exchange Data International (EDI)
EDI (exchange-data.com) is provider of multiple asset class worldwide securities reference and corporate actions data with an established global reputation for the highest quality and accuracy. EDI specialises in the integration, aggregation and flexible delivery of structured data to facilitate investment research, administration and processing.
Founded in 1994, EDI has launched a series of market data products for the back office operations of financial institutions worldwide. Based in London, with offices in New York, Montreal and Mumbai, EDI supports hundreds of investment firms.