From early April 2005, private and individual investors using Nordnetâs online trading systems will have access to real-time corporate and financial news, economic data and market commentary covering German, European and global markets from Dow Jones-VWD News, the German-language division of global real-time business news provider Dow Jones Newswires.
This agreement is the latest step in Dow JonesâVWD Newsâ strategy to expand its reach among financial and investment firms and beyond national boundaries since it was formed in 2004. Dow Jones-VWD News was created following the acquisition in February 2004 by Dow Jones Newswires of vwd-Vereinigte Wirtschaftsdienste GmbHâs financial newswires and business-newsletters operations.
"We are delighted to be part of the enhancements Nordnet is offering its German-speaking users, and believe our real-time business news will provide a real advantage for their local and international investment decisions," said Volker Schneider, managing director, Dow Jones News GmbH.
"Our strategy in each country is to give our clients the best real-time news serviceâand thatâs why we chose Dow JonesâVWD News," said Klas Danielsson, chief executive officer of Nordnet.