Vrijpoort
Establishing Nation
Financiëele Omroep Tikker
Financial Broadcasting Ticker
Financiëele Omroep Tikker, or FOT, was launched in 1877 to provide telegram services to the stock market and merchants of Vrijpoort. The speed of accurate information has always been crucial to businesses and financiers who rely on knowledge and information that enable smart and lucrative decision making that can be enacted before the competition. Before Vrijpoort was linked to Scania and Gallo-Germania with undersea telegraph cables, small messenger ships would wait in the harbour for returning merchant and mail ships. Upon sighting of the mail ship a cannon would be set off to alert the city of the arrival of fresh news. The savviest trading houses would send out small boats to collect their post first in order to get a head start on those who waited for the mail ship to dock.
Today FOT is a modern news agency with offices around the world and reporters in every major financial city. FOT is primarily focused on gathering business and markets news and distributing it rapidly to news agencies and companies. Subscribers to the Silvertec Terminal automatically have FOT embedded in their system.
Examples of news broadcast by FOT are:
Posts are made by a variety of sources such as companies, central banks, ratings agencies, analysis firms, trading firms, banks, etc. This is first and secondhand information announced from or very near the source before it reaches the news agencies. Posts are made with a handle belonging to the source and are also accompanied with a colour level to inform press agencies of the relative importance of the news item. Colour levels are green, yellow, orange and red. Posts are typically only a few short sentences in length.
FOT is headquartered in Vrijpoort and adheres to full freedom of the press as guaranteed by the Vrijpoort Basic Charter. Revenue is made up of modest subscription fees that provide instant news delivery to the subscriber. Otherwise all news is published free of charge twice a day at 8.00 and 18.00 Vrijpoort Standard Time.
©2020 Financiëele Omroep Tikker, STAK (Stichting Administratiekantoor), registered in Vrijpoort: Kammer van Koophandel number 8826783
Financial Broadcasting Ticker
Financiëele Omroep Tikker, or FOT, was launched in 1877 to provide telegram services to the stock market and merchants of Vrijpoort. The speed of accurate information has always been crucial to businesses and financiers who rely on knowledge and information that enable smart and lucrative decision making that can be enacted before the competition. Before Vrijpoort was linked to Scania and Gallo-Germania with undersea telegraph cables, small messenger ships would wait in the harbour for returning merchant and mail ships. Upon sighting of the mail ship a cannon would be set off to alert the city of the arrival of fresh news. The savviest trading houses would send out small boats to collect their post first in order to get a head start on those who waited for the mail ship to dock.
Today FOT is a modern news agency with offices around the world and reporters in every major financial city. FOT is primarily focused on gathering business and markets news and distributing it rapidly to news agencies and companies. Subscribers to the Silvertec Terminal automatically have FOT embedded in their system.
Examples of news broadcast by FOT are:
- Announcements from major companies
- Central bank interest rate adjustments & monetary policy announcements
- Quarterly earnings reports from publicly traded companies
- News that directly affects the costs of major commodities (oil, gas, gold, copper, iron ore, platinum, wheat, soya, maize, etc.)
- Daily updates from global stock exchanges and bourses (change on day prior for indexes, current intraday prices for stocks, etc.)
- Company strategy announcements such as mergers & acquisitions, expansions, contractions, IPOs, share buybacks, share issuance, etc.
Posts are made by a variety of sources such as companies, central banks, ratings agencies, analysis firms, trading firms, banks, etc. This is first and secondhand information announced from or very near the source before it reaches the news agencies. Posts are made with a handle belonging to the source and are also accompanied with a colour level to inform press agencies of the relative importance of the news item. Colour levels are green, yellow, orange and red. Posts are typically only a few short sentences in length.
FOT is headquartered in Vrijpoort and adheres to full freedom of the press as guaranteed by the Vrijpoort Basic Charter. Revenue is made up of modest subscription fees that provide instant news delivery to the subscriber. Otherwise all news is published free of charge twice a day at 8.00 and 18.00 Vrijpoort Standard Time.
©2020 Financiëele Omroep Tikker, STAK (Stichting Administratiekantoor), registered in Vrijpoort: Kammer van Koophandel number 8826783
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