Dow Jones to Target Foreign-Exchange Market with DJ FX Trader

Dow Jones & Co. announced the upcoming launch of DJ FX Trader, a real-time information service for traders in the foreign-exchange market that combines the editorial resources of Dow Jones Newswires and The Wall Street Journal with technology from its Financial Markets business.

DJ FX Trader will offer news, analysis, and real-time opportunities, including breaking news before it reaches the broader market.

REVISED 9/18 9:30 a.m. ET: Its news team will be led by WSJ deputy managing editor Jim Pensiero, DJ FX Trader managing editor Gabriella Stern, and Dow Jones Newswires senior editor Rick Stine, as well as Financial Markets president Joe Lanza, managing director Rob Passarella, and director Ian Doull.

Dow Jones CEO Les Hinton said:

This combination of news and technology is another major content initiative from Dow Jones and one of our most significant yet. We are leveraging our scale, our editorial, and our technology to deliver highly relevant, high-value news and data to specific audiences. With our history of providing trusted information and analysis to the financial and FX communities, choosing this fast-growing asset class was a natural next step.

Dow Jones editor-in-chief and WSJ managing editor Robert Thomson added:

The House of Medici made money from foreign exchange. In our age, it will be Dow Jones. We will provide market-moving news and alerts, unique statistics, and incisive commentary backed by the full weight of our news organization and supported by high-speed delivery technology. Currencies were once merely a measure, but they are now a global asset class.