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Press Releases
Chicago Board Options Exchange Signs an Agreement with Money.net for Streaming Real-Time Market Data
Tuesday March 18, 2003
Money.net's Real-Time Financial Tracking Tools for Investors to be Integrated into Chicago Board Options Exchange Website
NEW YORK, NY -- March 18, 2003 -- Money.net Incorporated, (www.money.net) the leading provider of streaming real time market data and financial tracking tools for investors, today announced it has signed an agreement with Chicago Board Options Exchange (CBOE) to provide subscription-based streaming real-time market data tools to users of the CBOE web site (www.cboe.com).
Under the agreement, Money.net will offer two customized, CBOE-branded services: streaming real-time quotes, at $19.95 per month, and Real-Time Snap Quotes for $11.95 per month. These services provide powerful, institutional-grade resources to individual investors at an affordable monthly rate.
This agreement allows the CBOE.com website to provide professional-grade streaming real-time market data, utilizing customized versions of Money.net.s financial tracking tools,. said H.L. Van Arnem, CEO of Money.net. .CBOE can now capitalize on their membership-base to generate re-occurring revenues, while offering the most advanced product at the best price in their space.
About Chicago Board Options Exchange
CBOE, the world's largest options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about CBOE and its products, access the CBOE web site at www.cboe.com. CBOEŽ and Chicago Board Options ExchangeŽ are registered trademarks of Chicago Board Options Exchange, Incorporated
About Money.net
Money.net Incorporated, is a financial subscription and software development company, providing retail investors and institutions with professional grade real-time market information and tracking tools, at affordable monthly rates. Money.net offers subscription-based packages that include: real-time quotes, streaming charts, market updates, news and wireless alerts, through its websites (www.money.net and www.canadianmarkets.ca) and through licensing agreements and customized software systems. Today the company manages one of the largest subscriber bases and networks for real time market data, delivering Level I, Level II and NASDAQ PowerView SuperMontage streaming stock quotes directly from the major U.S and Canadian stock exchanges. Working with Money.net, retail and institutional investors can receive precise, real time information to their desktops, PDA.s and wireless devices, while minimizing subscription costs and eliminating the need for any software or hardware installations. Corporate clients include: NASDAQ.com, Chicago Board Options Exchange, Legg Mason Wood Walker, EarthLink (NASDAQ: ELNK), Briefing.com, Zacks Research, and iWon!, among many others. Founded in 1999 by CEO H.L. Van Arnem, Money.net headquarters are based in New York City. For more information about Money.net, call 212-254-2200 or write us at Yael@fabmedia.net.
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