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Infobolsa, the information dissemination company jointly owned by BME and Deutsche Börse, has reached an agreement with VDOS Stochastics whereby Infobolsa will disseminate all the information from this company. VDOS Stochastics is the leading company in the provision of information and services about Mutual Funds, Investment firms, Collective Investment firms and Pension Schemes in Spain.
The agreement reached will allow the information disseminated by VDOS Stochastics about domestic and foreign mutual funds to become part of the financial information services contents offered by Infobolsa’s information terminals. These contents are an extension of those currently available, offering value added data that provide users with better research for their investment decisions.
Infobolsa and VDOS Stochastics will carry out joint commercial actions in the areas of professional management, through the commercialisation of advanced services and Mutual Funds research tools.
Revenue from BME’s Information Unit in 2008 totalled €38.1 million, up 13.4% from a year earlier. EBITDA for the same period came in at €31.4 million, which represented a 20.3% increase from the previous year.
The number of clients connected to BME’s information sources grew an average 7.9% in 2008.
