Stocks & Commodities V. 23:4 (58-60): Product Review: ProphetX by Dennis D. Peterson
ProphetX, a software package providing access to
real-time quotes as well as news and weather, was
originally built by FIMI (Financial Information Management, Inc.), and designed for fundamentalists.
FIMI was bought by DTN, and recently, ProphetX has been undergoing changes to make it a product for
technical analysts as well.
While real-time quotes are available for stocks, futures, and futures options, I reviewed this product using the demo version with delayed quotes. ProphetX is customized at installation to be “focused” on basic commodities, metals, or energy. I chose basic commodities as the focus, and because of that, energy or metals–specific newsfeeds were not enabled (the energy and metals feed can be added for an additional $50 a month each). Historical data is available for
stocks, futures, and future options. The features that set ProphetX apart from others are the extensive news and
weather reporting, and to a lesser degree, future options history. Very few vendors offer a history of option prices.