LONDON – FTMarketWatch.com, the real-time European financial news and data service, has announced the appointment of Peter Bale as new editor-in-chief.
Bale, currently managing editor for FTMarketWatch, replaces Thom Calandra, who will return as planned to his post as editor-in-chief of sister Web Site CBS MarketWatch in San Francisco.
"It's been a year since I came over to Europe to set up FTMarketWatch which has unveiled a financial news and data service to a fast-growing European audience of investors and advertisers," said Calandra, who is founding editor of FTMarketWatch in London and CBS MarketWatch.
"Since then, we've served more than 3.5 terabytes of data, equivalent to what the Hubble Space Telescope produced in its first 10 years of service. No one has been more instrumental to the production of that news and data feed than Peter Bale," said Calandra.
Peter Bale, the new editor-in-chief, FTMarketWatch, comments "We'll be building on the FTMarketWatch recipe of breaking news for active investors, focused on the stocks we know they hold. It's been clear that retail investors were ready for a site that gave them news of the speed and quality their brokers enjoyed. We've been thrilled by the response from readers."
“FTMarketWatch has been a prime catalyst to grow Europe's investor cult over the last year. We know Peter Bale's editorial vision and drive will continue that mission, and carry forward the significant contribution made by Thom Calandra to get us up and running.” comments Zach Leonard, CEO, FTMarketWatch.
Bale joined FTMarketWatch to found the site with Calandra. He was previously deputy news editor for Europe, Middle East and Africa at Reuters. In a 15-year career working for Reuters he had assignments in London, Eastern Europe, the Middle East, Africa and Asia.
In a separate editorial development, FTMarketWatch news headlines are now displayed on the FT.com home page and FT.com Markets page, and FTMarketWatch supplies the data, alerts and Market pulse services, and the content management system to the FT Mobile phone service launched on May 23rd.
Financial Times MarketWatch (www.ftmarketwatch.com) was launched in June 2000 to provide the private investor with real-time market news and analytical tools traditionally reserved for the city professional.
The site is the result of a joint venture between the Financial Times Group and MarketWatch.com, the Internet’s largest financial news site. FTMarketWatch.com services the growing online trading community in Europe.
Displaying a distinct pan-European approach by targeting the private investor right across Europe, the site launched initially in English. Five months after launching, FTMarketWatch.com launched a sister site -FTMarketWatch.de in Germany.
FTMarketWatch has firmly established itself as a provider of high quality financial and market news aimed at Europe’s rapidly growing community of private investors. Editorial excellence has been recognised with the award for Best Investment News Site at the Investors Week Online Finance Awards, and by being voted Best Investment and Market Information Website and one of the top 3 Websites of the Year by readers of find.co.uk, the leading UK financial services search directory.
FTMarketWatch’s award-winning reporters break market-moving stories, allowing site visitors to act early and profit. Its special reports give investors exclusive news stories they won't find on other major newswires - fast, accurate and to the point. And an array of columns on topics such as IPOs and technology stocks provide in-depth, up-to-the-minute coverage.
Alongside definitive market news and analysis, FTMarketWatch.com offers comprehensive data on all the major European exchanges and a portfolio tool that allows investors to track their holdings in over 20 currencies and chart them against a variety of sectors and indices.
Through its partnership with CBS MarketWatch the site can also supply clients with unrivalled real-time news on the US markets and outstanding charting functionality and portfolio tools with BigCharts.com.
The Financial Times Group is part of Pearson plc, the international media company.
About MarketWatch.com, Inc.
MarketWatch.com, Inc. (NASDAQ:MKTW), a leading financial media company, is the number one financial news and information source on the Internet. Founded in 1997, MarketWatch.com operates three web sites: cbs.marketwatch.com, bigcharts.com, and U.K.- based ftmarketwatch.com. In addition to offering top-notch financial reporting and investment tools on its web sites, MarketWatch.com licenses a wide array of content and tools in custom-designed formats for brokerages and other online businesses. The Company also produces the syndicated CBS MarketWatch Weekend program, airs financial reports over CBS Network Television, and provides updates every 30 minutes on the MarketWatch.com Radio Network. Editorial content from cbs.marketwatch.com is distributed in major newspapers and wireless networks.
For more information or to arrange an interview with Zach Leonard, Chief Executive of FTMarketWatch, please call:
Alice Owen, FT Group
Tel: +44 20 7873 3720
Mobile: 07740 812291