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30 Jan 2019

BUCE explores cooperation options with Dow Jones

BUCE explores cooperation options with Dow Jones

MINSK, 30 January (BelTA) – Representatives of Belarusian Universal Commodity Exchange (BUCE) met with Andrei Senuk, a representative of Dow Jones & Company in Eastern Europe, to discuss potential for subscriptions and content licensing with Dow Jones Factiva in Minsk, BelTA has learned from the BUCE press service.

The parties analyzed the possibility for the Belarusian exchange to use the software program Dow Jones Factiva (which aggregates data from 32,000 sources in 28 languages) to compile analytical reviews and information briefings on stock and off-stock commodity markets. According to Andrei Senuk, in comparison with programs of other agencies which gather data as graphs, listings, and indexes, Factiva provides access to text information: news, articles from business editions, statistical reports.

“Our information system is available on the Internet via any device, a range of smart filters and search operators help to find necessary information as fast as possible,” he noted.

BUCE representatives, in turn, proposed to award the exchange the status of an information source for Factiva. “As BUCE is the only commodity exchange in Belarus, we possess unique information about stock commodity markets and off-stock transactions with exchange commodities,” BUCE noted. “These data are distributed on a subscription basis as information and analytical products and upon individual requests. Such information may interest clients of Dow Jones which run business in Belarus or want to enter this market,” BUCE added.

Following the talks, the parties reached an agreement to work out potential options for cooperation between BUCE and Dow Jones.

Dow Jones & Company is one of the world's leading financial information agencies and the publisher of the USA flagship business newspaper The Wall Street Journal.

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