Sales and trading data vendors provide current, and often live, information about various markets and the rapid changes that take place within them. Financial data vendors and market data vendors are important to your marketing and financial departments to help them make informed decisions about what stocks to buy and when to move assets. You can subscribe to stock market data vendors who provide ticker tape data, news and other important financial information in easy-to-digest emails and web-based platforms.

You can use a market data vendor directory to customize your information in a format that works best with your in-house platforms. You decide what and when to receive the information that is important to your decision makers. Get detailed analysis and end-of-day market reports from sales and trading data vendors or streamlined reports to assist with trading and banking decisions. Find the best way to receive your data vendor trading information so that your subscription fees can remain as low as possible.

1. Get a list of financial data vendors to make the right decision for your business

2. Use stock market data vendors to make the best trading moves

3. Customize the delivery from your data vendor

Action Steps
The best contacts and resources to help you get it done

Use a detailed source to find the best list of financial data vendors

A market data vendor directory can look intimidating because of the increase in sales data vendors around the world. Look for directories with detailed information about the financial data vendors and what they specialize in. Ask for a trial period before signing any long-term contracts to ensure the market data vendor is the right vendor for your needs.

I recommend: The Chicago Board of Trade provides an extensive data vendors directory with details and contact information on its web page. The market data vendor directory is commercial and not necessarily endorsed by the Board. Data Vendors.com lists the subscription prices on the data vendors directory front page before you even spend time checking out the service.

Utilize the best market data vendor for your trading business

Take time to judge the veracity of trading data vendors before relying on their information. You should try a few different stock market data vendors and compare their findings. While information is the power that drives a successful trader, you don't want to overload yourself either, so choose wisely and prudently.

I recommend: ADVFN provides U.S. and European market information in a number of formats and in real time formats. Cisco has been a market data vendor since and is a well-respected name in the data vendor trading industry.

Get information from financial data vendors in a way that works for you

Many of the market data vendors will deliver their financial information to you in a platform that will mesh with your own in-house technology and the way you use it. It may worth the extra costs to go with a financial data vendor that can offer this kind of service to streamline your information process delivery systems.

I recommend: Computer Voice Systems can deliver information in a format that you choose with your name on the top of the data so that you create your own technical tickers and turn around and share the data with your own clients. They have been providing data for businesses since 1989. Cyber Trader is a Charles Schwab company that provides customizable management tools for your sales trading data information systems.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Stay tuned in to the latest electronic offerings from sales data vendors by reading industry publications. If a financial data vendor offers updates to your phone, you want to make sure you own the right equipment.