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Thursday, November 12 - 2009

Interactive Data Corporation new weekend pricing service for Middle East markets

  • United Arab Emirates: Monday, April 20 - 2009 at 16:16
  • PRESS RELEASE

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, announced that its Pricing and Reference Data business has introduced a new weekend market close pricing service for a range of Middle Eastern and North African markets where trading occurs during weekends.

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The weekend pricing service will provide end-of-market prices for the following exchanges: Saudi Stock Exchange, Tel Aviv Stock Exchange, Bahrain Stock Exchange, Dubai Financial Market, NASDAQ Dubai, Abu Dhabi Securities Market, Doha Securities Market, Amman Financial Market, Kuwait Stock Exchange, Muscat Stock Exchange, Cairo & Alexandria Stock Exchange, Palestine Stock Exchange and Dhaka Stock Exchange.

Bob Cumberbatch, European business lines director, Interactive Data (Europe), said:
"This new service is a direct response to a growing need from clients around the world for weekend market close pricing. We also have a fast-growing client base in the Middle East. Interactive Data provides an extensive range of international real-time, intra-day and end-of-day pricing data and we continually seek to enhance our services and expand the breadth of our coverage."


The weekend pricing service is available via FTSSM, Interactive Data's securities administration tool.
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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 solutions 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. Interactive Data, headquartered in Bedford, Mass., has approximately 2,400 employees in offices located throughout North America, Europe, Asia and Australia.

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's Pricing and Reference Data business provides global securities pricing, evaluations and reference data designed to support financial institutions' and investment funds' pricing activities, securities operations, research and portfolio management. Interactive Data collects, edits, maintains and delivers data on more than 6 million securities, including daily evaluations for approximately 2.8 million fixed income and international equity issues. Interactive Data specialises in 'hard-to-get' information and evaluates many 'hard-to value' instruments.

Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data, Inc. and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

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