Quote from Funny_girl:
Try www.tradethenews.com they have much better sound and broadcasters that seem to know a lot more about the markets. They have not had a problem for on my trading machine for months.
Besides they are professionals with 8 years experience. Just look at the difference between them at the NY tradeshow--night and day. A friend over at Gelber in Chicago told me these needtoknownews guys did a countdown to economic # that did not even exist on Monday. No professional service would ever make a dumb error like that! come on peeps see the light.
There are a couple of threads on ET comparing the two services. I have used both TTN and NTKN for a while now. I can't speak for the Equities channel; I trade futures and listen to the futures channel. I am there before they come on at 7:00 AM and after they shut down at 3:15 PM or after the last earnings announcement is out. I was there Monday and there was no incident where they counted down to an economic number that didn't exist that I can remember.
They do make errors every once in a while, but that is part of the business of broadcasting live. It happens at TradeTheNews just the same. In fact, I have several emails between Joe, the president of TTN, and I where I outline some serious mistakes and issues with the service. These messages came back with the attitude of "nobody else is complaining, so we really don't give a hoot. Besides where else are you going to get audio news broadcasts anyway." TTN's announcers sometimes sound like they are trying to talk with a mouth full of cotton. They would say things like, "There are reports of.....[3 second silence].... of an airplane crashing ....[5 second silence] .... in Atlanta." By the first pause, I had already sold a bunch before they come back and say, "It appears to be ...[3 second pause]...a private plane.... an accident" I just want to yell "get the $%^&* news out don't leave us hanging with these stupid pauses. Can't you READ!" Like I said, I just got fed up of paying the enormous fee and complaining to them, so I went elsewhere. Before canceling TTN, I listened to both NTKN and TTN at the same time and I found that the announcements come first on one service or the other without consistency. One cannot say that one is faster at delivering the news than the other. NTKN is faster and more reliable with foreign nnouncements/speakers or geopolitical news.
Anyway, this is a personal preference issue and I can't provide opinion for the equities channel. The economic numbers are announced across both channels at the same time. You just have to try both and see which one suits your needs. The biggest difference is that with TTN, you will pay more than 4 times as much for the same service. TTN needed NTKN to start reducing prices, to offer incentives to customers, provide a futures channel and show some appreciation for subscribers. For a scalper, the news has to be quick and accurate. NTKN is still new at this but they have done a lot to improve their service.
These opinions are my objective views and I don't get anything for endorsing one over the other. The best path obviously is just to get a Bloomberg and read the orange line for the hot news as it comes out.