Money.Net
Money.Net Inc is a privately held financial data technology company and financial data vendor based in New York City.
History
Money.Net provides real-time live streaming financial market information such as prices, breaking financial news, technical analysis charts, trade idea generation tools, and a spreadsheet API over the internet to individual traders and institutional trading floors. The product coverage is global, and is multi-asset class, including equities, fixed income, foreign exchange and commodities. It also includes reference fundamental market data such as economic statistics and corporate actions.The Money.Net product provides "access to real-time market data and trends for a sliver of what" traditional market data terminals cost.
Money.Net is a cloud-based platform for market data. According to current CEO Morgan Downey, Money.Net has about 50,000 paying subscribers. It is one of the several cloud-based Financial Technology companies challenging dominant vendors in financial markets. The product is available as a desktop application, via mobile devices, and through an excel spreadsheet API.
In late 2016, the company announced that it had hired former Bloomberg Chief Content Officer, Norman Pearlstine, to develop a new financial news division relying heavily on artificial intelligence.