Dow Jones Newswires and Logical Information Machines Announce Distribution Agreement for Electricity Indexes.Business and Energy/Utilities Editors NEW YORK--(BUSINESS WIRE)--June 12, 2002 LIM Customers Can Access Benchmark Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Electricity Indexes Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July announced today that it has signed a distribution agreement with Logical Information Machines, Inc. (LIM) for Dow Jones Electricity Indexes. The agreement covers indexes for locations in both the U.S. and Europe. Dow Jones Electricity Indexes are industry benchmarks, used to price contracts and analyze markets, and will be available as an optional data set within LIM's data warehouse. LIM customers will contract directly with Dow Jones Newswires for access to the electricity price data, and then use the information within their preferred LIM data package to test trading strategies and forecast the markets. "This is an excellent opportunity to provide access to our Electricity Indexes to more energy market professionals," said John Hitchcock, Managing Director, Energy, Dow Jones Newswires. "We look forward to building our relationship with LIM and its customers." "I am pleased to announce the partnership with Dow Jones Newswires," said Jim Garland, Executive Vice President of Sales and Marketing at Logical Information Machines. "The Dow Jones Electricity Indexes are an important addition to the LIM energy data offering. Our already unmatched electricity market coverage now includes information from Dow Jones, PJM PJM Pacific Journal of Mathematics PJM Project Manager PJM Puerto Jimenez, Costa Rica (Airport code) PJM Pennsylvania New Jersey Maryland Interconnection LLC (Mid-Atlantic region power pool) ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. , NEPool ISO, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ISO, Edison Electric, Power Markets Week, Megawatt Daily, Energy Argus, NOAA NOAA abbr. National Oceanic and Atmospheric Administration Noun 1. NOAA - an agency in the Department of Commerce that maps the oceans and conserves their living resources; predicts changes to the earth's environment; weather data, Weathermarkets.com, ICE indices, Heren, Nord Pool Nord Pool, the Nordic Power Exchange, is the world's only multinational exchange for trading electric power. Nord Pool was established in 1993, and is owned by the two national grid companies, Statnett in Norway (50%) and Svenska Kraftnät in Sweden (50%). Exchange as well as coal data from Argus and Platts and all the European and US natural gas prices. This is how we expand our data warehouse, by offering the best in reliable, quality data sets." Dow Jones Electricity Indexes, calculated and published by Dow Jones Newswires, are considered the most reliable and broad-based pricing indexes available. The benchmark indexes are utilized extensively by power producers, marketers and utilities for pricing short- and long-term contracts and associated OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). hedging instruments, as well as by consultants, energy market analysts and regulators for cost assessment and market analysis. The real-time Dow Jones Energy Service also includes Dow Jones Electricity Indexes. Logical Information Machines is the preferred choice for financial and energy investors, providing historical as well as real-time tick, intra-day and daily data. LIM supplies their data on a MIM MIM Metal Injection Molding MIM Mendelian Inheritance in Man MIM Mobile Instant-Messaging MIM Man in the Middle MIM Multilateral Initiative on Malaria MIM Metal-Insulator-Metal MIM Master of International Management MIM Made in Mexico server, with a fast, open design for easy interfacing. Their patented query language A generalized language that allows a user to select records from a database. It uses a command language, menu-driven method or a query by example (QBE) format for expressing the matching condition. allows analysts to test trading strategies and forecast the markets. About Dow Jones Newswires Dow Jones Newswires (www.djnewswires.com) provides real-time news for financial professionals in the equities, fixed-income, foreign exchange, and energy markets. The division also offers news for financial firms' Web sites and Dow Jones Newsletters' sector-specific content. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange :DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's, SmartMoney and the Far Eastern Economic Review magazines and other periodicals, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. of the CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. About Logical Information Machines Logical Information Machines, Inc. was co-founded in 1988 by a successful stock and commodity trader with 20 years of trading experience. Logical Information Machines Inc. (LIM) has a comprehensive market coverage package that is used by the leaders in the finance and energy markets, supported with easy to use applications and providing access to worldwide historical as well as real-time tick, intra-day and daily data. What sets LIM apart from the rest is their ability to provide a total solution for a company including: a complete data warehouse solution powered by a server architecture that is quantum leaps beyond other database technologies, a patented real-English query language, and a suite of software products that allow researchers to comprehensively analyze and forecast the markets. Using the LIM software, analysts can create historical pricing graphs, event driven analysis such as seasonality studies, forward curve charts and back-test trading strategies. Company Website: http://www.lim.com About MarketHistory.com MarketHistory.com is a daily newsletter of trading ideas generated by the MIM, our software research tool. Its appeal is to active day traders, as well as to institutional investors. All markets are covered (commodities, fixed income, currencies, equities), with particular emphasis on equities. Company Website: http://www.markethistory.com |
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