Does any one has any any feedback on IB news subscription service? Is it worth subscribing? I am expecting to get real-time alert before or just few seconds after the breakout occurs. Every time the price moves and I get to know the news very late.
it's good to have for hindsight and knowing what's going on... not really for instant news/trading...
I subscribe to a few of the cheaper stuff (mostly Reuters). It's quite useful, and informative. But I would not rely on it at all for real-time trading. However its' great if you want to know why XYZ just went down 5% a few minutes ago. For what it's worth, I think Reuters news on an Eikon terminal is slightly faster than on IB's TWS. I seemed to get the information from Eikon at the same time as CNBC (as they read it off their screens), but after CNBC when using IB's TWS. Oddly I never compared Eikon to TWS directly. On the downside, could never configure TWS UI to display the information as gracefully as Eikon.
Do you have suggestions on Dow Jones news Wire or IB news bundle @33$/month. All I am really looking at is something like this below: 1) AUPH crashed after patient dies in trial 2) AMD Stock offering dropped the shares 3)KPTI breakout due to expected trial result announcment. I dont need the detailed report as we dont have much time read all of them, just a subject summary thats it.
Actually I am a research provider on the IB marketplace and my customers say I'm quite timely! I won't state who I am since I am not a sponsor here.