On the Traders magazine website, a capsule description reads: ‘The stock dealers and institutional traders complete interactive news and information service.’ That’s the May/June issue cover on the right, and this week, it was formally announced that the publication has a new owner—Markets Media.
From the release:
The combined entity will have a total unique audience of 135,000, comprised of 120,000 digital readers and 15,000 print readers.
Known simply as Traders on Wall Street trading desks, the digital information and news service has a well-recognized brand and a 30-year history of serving professionals in North American institutional markets. Traders’ focus has always been on the buy side; other core constituencies include exchanges, ‘dark pools’ and technology providers.
The seller, SourceMedia, will continue to hold a wide variety of media properties including National Mortgage News, Accounting Today, The Bond Buyer and American Banker magazine. In a nice PR touch, Markets Media CEO and founder Mohan Virdee acknowledges in the release the 2014 passing of long-time former Traders publisher Ken Heath. “We will work to maintain his legacy,” promises Virdee.