Can be realtime, I believe. Did I mention the key word cost?
My Factiva experience came from a migration from RBB (Reuters Business Briefing) that was once a compulsive part of Reuters Markets 3000 service in my country. Please note that I write the above sentence in the past-taste style.
If you are futures-oriented, OsterDowJones Commodity News http://www.osterdowjones.com/ is probably a good choice. It's a mixture of Oster FutureSource FWN, commodity part of Dow Jones Newswire, and commodity part of the bankrupted BridgeNews.
And no I don't trade news. Oh yes I do trade news - to exit when it becomes a fact.
yes i use but the news story in play comes little bit late...i like dowjones newswire which gives streaming news, which is often hard to catch as it continues to scroll up