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BoC To Auction C$2bln In 28 Day TLF on Jan 12
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Merkin Leaving GMAC Board
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Moody's Puts FDX (Baa2) on Outlook Neg
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WSJ reports Robert Rubin is "tired of defending" his Citi tenure
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Rubin Leaving Citigroup --WSJ
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NY FED Board Will Meet Tomorrow to Consider Geithner Replacements --Reports
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Boeing to Cut 4,500 Jobs --WSJ
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'Wickedly Nasty' Recession; Zero Upward Pressure on Rates --Pimco's McCulley on Bbg TV
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YHOO Likely to Pick Decker, Bartz, or 3rd Candidate for CEO Next Week
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Crude Down 3.5% at 40.27
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Exxon: Planned Repairs to Torrance, CA Refinery (150k BPD) Include Hydrotreater, Alky, Sulfur, FCC Units
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Exxon Closes Units at Torrance, CA Refinery (150k BPD) for Maintenance
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Barclays Cuts J Crew from $10 to $5
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October 20th, 2008 - Sinara and LSE launch early-morning critical trading data service

Sinara and LSE to provide early-morning critical trading data

Gary Hughes, Sales Director, Sinara: "Sinara’s UDE product processes news items in real-time to provide a dividend service that delivers critical data to Traders faster than other vendors."

UK Software House Sinara Consultants has launched an early-morning data service in conjunction with the London Stock Exchange (LSE) to provide traders with critical data extracted from Company Regulatory Announcements prior to market open. The first release focuses on providing timely Company Dividend data.

Dividend data is made available to subscribers prior to the opening of the London market, which allows traders or dealer/brokers to feed this data into their daily trading strategies. Further dividend data is made available throughout the day.

The hosted service uses Sinara’s Universal Data Extractor (UDE) software tool, which processes all UK regulatory news stories and company announcements, including those containing dividend information, many of which are published early in the morning. The dividend service is already in use by a major European broker who are seeing the significant benefit of saving time for their traders early in the morning.

Sinara’s Sales Director Gary Hughes commented: “There is increasing interest in the market for how to incorporate news into automated trading strategies. Sinara’s UDE product processes news items in real-time to provide a dividend service that delivers critical data to Traders faster than other vendors.”

Mark Husler, Head of Software and Data business development at the LSE commented: “We’re delighted to be working with Sinara in developing this bespoke dividend data solution, and look forward to expanding the service to fit client demand for the delivery of real-time UK regulatory disclosures in a standardised machine-readable format”

Sinara and LSE plan to expand the service to include additional early-morning and intra-day data extracted from regulatory announcements (e.g. turnover, profit, EPS, directors’ dealings, etc), in line with client demand.

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