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Sunday, November 15 - 2009

Interactive Data provides international real-time content to Mubasher

  • United Arab Emirates: Tuesday, November 11 - 2008 at 13:47
  • PRESS RELEASE

Interactive Data Corporation, a leading provider of financial market data, analytics and related services, today announced that its Real-Time Services business will provide a wide range of international real-time data to Mubasher, a leading provider of e-financial solutions in the Middle East and a subsidiary of National Technology Group (NTG).

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The international data content will be provided to Mubasher via PlusFeed, Interactive Data's consolidated high-quality, low latency digital datafeed that powers algorithmic and electronic trading applications. Interactive Data's PlusFeed delivers low latency data on over 5 million securities from more than 450 sources around the world.

Mubasher provides real-time pricing, sophisticated analytical tools, news, information and direct market access (DMA) for over 30 regional and international stock exchanges. Mubasher currently serves a client base in excess of 400,000 investors in the Arab World with a current expansion drive into Asia and Africa.

Manjula Jayasinghe, Senior Executive, Mubasher, said:
"We are very pleased to take in-depth international content from Interactive Data, which is known for its high quality. This international content adds to our regional content positioning us as a prominent global player. Our highly advanced real-time stock market information service, Mubasher Pro, can be run on a workstation via a powerful Windows client application. Mubasher Pro enables investors to view a wide range of information, normally displayed on multiple windows, on a single screen, while allowing access to simultaneously view trade information from many markets."


David Hann, General Manager, EMEA, Interactive Data Real-Time Services, added: "Mubasher is establishing itself as a provider of low touch DMA services to the buy-side Middle East and North Africa (MENA) community. This community has a need for a wider set of international data requirements and we are pleased that Mubasher has chosen Interactive Data to complement its own content."
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About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors.

The Company's businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for millions of securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities.

Through its businesses, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,300 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is Interactive Data Corporation's majority stockholder. Interactive Data Corporation is celebrating its 40th anniversary in 2008.

Interactive Data Real-Time Services is a leading provider of real-time global market data to financial institutions, redistributors and online financial portals worldwide. Offerings from Interactive Data Real-Time Services include PlusFeed, a consolidated, low latency digital datafeed. Also managed as part of this business is Interactive Data Managed Solutions, a leading provider and operator of customised financial market information systems.

For more information about Interactive Data Corporation and its businesses, please visit

Interactive DataSM and the Interactive Data logo are service marks of Interactive Data Corporation. PlusFeed is a service mark of Interactive Data Real-Time Services.

About Mubasher
A subsidiary of National Technology Group (NTG), Mubasher is the first bilingual (Arabic & English) real time stock market information service and online trading engine in the Middle East. The first of its kind in the region, Mubasher is a world-class product that offers features and functions found only in products that serve international markets. Mubasher empowers investors with information and tools required to track market trends and make profitable decisions from the comfort of their homes or offices. Mubasher has been designed, developed and perfected for the both regional and international markets.

For further information, please contact:
Orient Planet PR & Marketing Communications
Tel: +971 4 3988901
Fax: +971 4 3988941
P.O.Box 23345, Dubai, UAE

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