Data Broadcasting Changes Corporate Name to Interactive Data Corporation --Nasdaq NM:IDCO--.Business Editors BEDFORD, Mass.--(BUSINESS WIRE)--June 15, 2001 Data Broadcasting Corporation (Nasdaq NM: DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ), a leading source of securities pricing, financial information and analytic tools to global institutional, professional and individual investors, today announced that the company has changed its corporate name to Interactive Data Corporation. Effective Wednesday, June 20, Interactive Data Corporation will trade on the Nasdaq National Market under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors IDCO. The re-branding to Interactive Data Corporation follows last year's merger between the former Data Broadcasting Corporation and FT Interactive Data. Stuart Clark Stuart Rupert Clark (born 28 September 1975, Sutherland, New South Wales) is an Australian Test cricketer who plays for the New South Wales Blues and Hampshire. He bowls right-arm fast medium deliveries. , president and chief executive officer, commented, "Our new name more accurately reflects our company's current customer base, operating divisions and technological innovations. Most important, it takes advantage of our brand equity in the institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. marketplace, where Interactive Data is recognized as one of the industry's premier sources of essential financial information and analytic tools." Interactive Data's three operating divisions will retain their existing names: FT Interactive Data, a leading provider of financial market data to the institutional marketplace; CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. BondEdge, a leader in fixed income analytical software; and eSignal, a provider of streaming, real-time financial market data, news, analytics and decision support tools aimed at professional and active traders. For more information on Interactive Data Corporation, please visit the company's new web site at www.interactivedatacorp.com. About Interactive Data Corporation Interactive Data Corporation is a leading global provider of securities pricing, financial information, and analytic tools to institutional and individual investors. The company supplies time-sensitive pricing, dividend, corporate action, and descriptive information for more than 3.5 million securities traded around the world, including hard-to-value, unlisted fixed income instruments Fixed income instruments Assets that pay a fixed dollar amount, such as bonds and preferred stock. . The company links to most of the world's best-known financial service and software companies for trading, analysis, portfolio management, and valuation. Interactive Data Corporation is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, CMS BondEdge, and eSignal, Interactive Data Corporation has approximately 1,600 employees in 22 offices in North America, Europe, Asia, and Australia. Pearson plc (NYSE NYSE See: New York Stock Exchange : PSO PSO - Oracle Parallel Server ), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is a majority shareholder of Interactive Data Corporation. |
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