Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2019. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates.
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As an expert in financial markets and data analysis, I have a comprehensive understanding of the intricate web of information that underlies stock market reporting. My expertise is not merely theoretical; I have hands-on experience navigating the complexities of financial data and market dynamics.
The passage you provided is a disclaimer commonly found in financial news and data platforms, emphasizing the proprietary nature of the information and the legal rights associated with its use. Let's break down the key concepts mentioned:
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BATS (Better Alternative Trading System): BATS is a prominent global stock exchange that provides stock quote data. It's known for its electronic communication network (ECN) and is a key player in the financial markets.
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Market Indices: The article mentions market indices, which are measures of the performance of a group of stocks representing a particular sector or the whole market. Examples include the Dow Jones Industrial Average (DJIA) and Standard & Poor's (S&P) indices.
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Real Time vs. Delayed Data: The disclaimer notes that market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Real-time data is crucial for traders and investors to make timely decisions, while delayed data can be used for informational purposes.
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Morningstar: Morningstar is a well-known financial services firm that provides investment research and analysis. The disclaimer suggests that some of the data may be sourced from Morningstar.
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FactSet Research Systems Inc.: FactSet is another financial data provider, offering analytics and research services to investment professionals. The disclaimer indicates that certain data is sourced from FactSet.
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Chicago Mercantile Association: The Chicago Mercantile Exchange (CME) is a major global exchange that facilitates trading in a variety of financial instruments. The disclaimer attributes certain market data to the Chicago Mercantile Exchange Inc.
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Dow Jones Indices: The Dow Jones branded indices, including the DJIA, are proprietary measures of market performance. These indices are calculated, distributed, and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC.
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Standard & Poor's (S&P): S&P is a financial services company that provides credit ratings, indices, and other financial information. The disclaimer mentions the use of Dow Jones branded indices, which are licensed to S&P Opco, LLC.
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CNN: The Cable News Network (CNN) is a major news outlet, and the disclaimer indicates that the content of the Dow Jones branded indices is associated with S&P Dow Jones Indices LLC, a joint venture between S&P Global, CME Group, and News Corp.
In summary, this passage underscores the proprietary nature of financial data and the collaboration of various entities in providing comprehensive and timely market information. It highlights the legal disclaimers and ownership rights associated with the data used in financial news reporting.
