RAN squawk for home traders?

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renegademaster

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has anyone heard of these guys at RAN squawk? i trade at home as well as at a prop firm in london and i hear the information flow service these guys offer is really good for home traders without bloomberg/reuters. if anyone has any more info then please reply
 
these guys are the analysts from Refco, they were excellent while they were running the squawk there and I presume nothing has changed since they set up on their own.

Depends how important rapid news flow is to your trading whether they are worth the outlay or not, but clearly using them is a huge saving over having your own bloomberg or reuters terminal, and they have their own sources as well.
 
Ask around your office and you should hear good things about them. They were high rated at refco.
 
RAN started a squawk here at the start of the year and it has gotten to the point where they squawk so much information, i switch off whenever they start.

Some of it is relevant, but considering i don't trade equities there is simply too much information coming through that is superfuous. In addition, one of them has a style on the squawk that is, to be polite, annoying. i understand that in their job they have to disseminate information quickly and relay the relevant stuff, but surely it is possible to think and talk at the same time, rather than say a couple of words, pause, speak some more, pause, etc etc.

I would advise a trial to see if its relevancy suits you, but i probably wouldn't pay for it.
 
we get it here too.....and i disagree with the guy above. i think the info they give is concise, relevant and most importantly....fast.
i've made a killing recently off their shouts on ecb's bini smaghi and philly fed, which they squawked a full 10secs before the market moved. they are good!
 
As I understand it, RANSquawk are reading off Bloomberg Reuters etc and booming it out, so that locals don't have to pay for these feeds themselves. Intuitively this seems like a breach of copyrite, and I would not want to have my name attached as a recipient of this data, because if the news vendors do become litigious then I certainly don't want to be a co-defendant
 
I am a director at R.A.N, and I can confirm that there are no copyright issues with Bloomberg, Reuters etc.. We have spoken to the legal departments at these data and news providers and have their permission that once information is released, it is in the public domain and therefore anyone can do with it as they wish.

In addition to this, our service is more then just reading off Bloomberg and Reuters. We have a comprehensive setup that includes various newswires, lines into brokers and banks and every TV channel you could hope for. But more importantly, we have a wide ranging contact database that we speak to on an ongoing basis. We have a team of 4 people who watch and monitor all this information constantly. A trader cannot possibly do all these and trade at the same time and unestablished traders may not speak to as many market participants as we do. We try to give traders an edge in this respect and we save traders money in terms of expenditure on systems, newswires, data vendors etc.

But obviously you can't please them all, eh genius?
 
I accept that RANSquawk may have received tacit approval from the vendors, but once this (or similar) service is seen to affect their bottom lines, I fear that the situation will change. Having spoken to some staff at the vendors, I know that they are taking a dim view.
 
mugpunta said:
I've always considered plagiarism rather distasteful. I shall not be subscribing
Click to expand...


I think your name says everything about your quote if you are a p.a. trader :LOL: :LOL: :LOL:

If you are in an office, then you aren't that intersted anyway as you have the services direct.
 
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