Connecticut-based broker Nutmeg Securities is rolling out the latest version of Revere Data's RealTime market data application to over 25 users at its institutional trading and research department, replacing the Reuters Plus platform.
San Francisco-based Revere Data says version 6 of its RealTime system now includes improved charts with over 50 new technical studies, volume-weighted average price (VWAP) along with a time-specific VWAP search and an options display featuring a tabbed portfolio view. The product also features Nasdaq market depth displays and trading correlations showing the top 20 positive and negative correlations for each stock over multiple time periods.
Matthew Rochlin, president of Nutmeg, says: "The new options display and time-specific VWAP search were things we needed, and Revere was very responsive in adding them, along with other useful features like the trading correlations."
He says the system will allow Nutmeg to provide customers with non-proprietary products and unbiased, professional advice.
The RealTime application is part of the Revere Complete package which integrates financial and market information - including real-time quotes, analytics, charts and fundamental data - with the vendor's own exclusive content on company classification and business relationships.