Stocks & Commodities V. 32:1 (48-51): Product review: FutureSource by Donald W. Pendergast

Stocks & Commodities V. 32:1 (48-51): Product review: FutureSource by Donald W. Pendergast
Item# V32C01_699PRFU
$3.95
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Product Description

Product review: FutureSource by Donald W. Pendergast

INTERACTIVE DATA CORP.

Interactive Data Corporation

32 Crosby Drive, Bedford, MA 01730

Phone: 800 835-7113 or 312 893-6071

Email: info@interactivedata.com

Website: http://FutureSource.com

Product: Market data and analytics

platform available as a web version and Windows client version.

Professional energy, metals, and agricultural commodity traders require vast amounts of technical and fundamental data to make accurate market forecasts and to execute their desired trades with lightning speed, without having to rely on a hodgepodge of different technical charting platforms, seasonal data providers, weather forecasting services, and real-time commodity news sources. For this special breed of institutional commodity traders, hedgers, and speculators, all of the technical, seasonal, weather, fundamental, and newsfeeds that they require in order to get their jobs done with effectiveness and precision is now available in a single, web-based portal called FutureSource (FS). Here’s a review of the key features and benefits of this innovative commodity trading platform.

Web, cloud, speed, convenience

FutureSource’s web version is identical to the downloadable Windows client version, with all your charts, data, workspaces, and so on saved to the cloud, thus allowing instant access on mobile or desktop environments. I ran FutureSource on two different notebook computers — one a Windows 7 64-bit machine and the other a newer Windows 8, core i7 64-bit machine, using a standard DSL Internet connection via the Firefox and Internet Explorer 10 browsers. The data instantly updated the quote lists, and all of the charts updated in a moment’s notice. After using the software for several hours, it struck me that this web-based analysis platform looks, performs, and feels just like any other top-shelf desktop trading/ analysis workstation and that the benefits of having it all stored on the cloud are manifold: no more Internet updates and reboots, no catastrophes if a PC, notebook, or company workstation goes down, superior mobility, and so on. What FutureSource has done here is clearly the next phase of transitioning trading/ analysis software platforms from a fixed workstation environment to one that is infinitely mobile and accessible, leaving a ton of hassles in the dust. Expect all of the other major players in trading software to follow suit, if they haven't done so already.




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