BETHESDA, Md., March 20, 2013 /CNW/ - MidnightTrader, a leading source of around-the-clock, real-time coverage of US and Canadian equities and markets, is pleased to announce its new MT Newswires division. This change is part of a larger effort to emphasize the significant growth, beyond extended-hours trading news, in the company's news and trading analysis products and services since its inception.
MidnightTrader was launched in 1999 to provide state-of-the-art real-time premarket and after-hours trading news and analysis for the extended-hours market to active retail and institutional investors. Now, just over a decade later, MT Newswires has become a leading source of full-day North American market information – providing research, analysis and market reporting to most of the largest financial institutions in North America. MT's Live Briefs real time capital markets news and research meets the wide-ranging, sophisticated needs of today's individual and professional investors.
The division, which comes into effect as of today across the company's website and all associated products and services, recognizes the growth in MidnightTrader's services. Previously covering only extended-hours trading in the US, the company today meets the needs of professional and non-professional investors across the US and Canadian equity markets by providing them with breaking news, proprietary corporate earnings analysis and market commentary across the pre-market, after-hours and regular sessions.
"In the past ten years, our clients – from major financial institutions to asset managers – have come to depend on us as a reliable, trusted provider of market-moving news and analysis. It's now time that our brand reflect fully both our roots as well as the main focus of what our business has grown into," said Brooks McFeely, Founder & President of MT Newswires. "The new MT Newswires division pays homage to our history while incorporating a sense of the dynamic, breaking information that we provide to our clients."
The new division represents the first major change to the company's identity since the company was founded in 1999.
About MT Newswires: MT Newswires, a division of MidnightTrader, Inc., is a leading source of real time US and Canadian stock market news to US and Canadian banks, brokerages, investment advisors and market data platforms. Visit http://www.MT Newswires.com or contact Cindy Henschel at 888-559-0073 Ext. 701 to learn more about MT Newswires and the Live Briefs North American news service.
SOURCE: MT Newswires
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