Benzinga Professional Overview – Actual-Time Inventory Market Information Platform

About Benzinga Professional

Benzinga Professional is a real-time market information feed launched by Benzinga. Benzinga is a well known market information supply based in 2010 by Jason Raznick. Whereas the primary Benzinga web site operates as a inventory market information supply (just like CNBC or MarketWatch), Benzinga Professional operates as a information platform designed for fast-paced merchants and buyers who want entry to the precise data on the proper time.

Maintain studying our Benzinga Professional evaluation to seek out out if that is the precise monetary information platform for you.

FeaturesNews Screener, Commerce Alerts, Audio Squawk, Screeners, Commerce Alerts Pricing$27-$457/month Discounts25% Off Finest ForNews-Pushed Merchants and Traders Various ToTradetheNews, TheFly.com, Briefing.com

Benzinga Professional Video Overview

Benzinga Professional Platform Options

Benzinga Professional is a web-based platform that works effectively on each Home windows and Mac computer systems. The interface is easy, environment friendly, and easy-to-use. Total, it’s top-of-the-line net platforms we’ve examined.

Benzinga Professional’s objective is to ship data as rapidly as potential. It presents a real-time information feed with quite a lot of useful instruments for merchants. Let’s check out a few of the platform’s options earlier than we evaluation the standard of the information itself.

Workspaces

Benzinga Professional permits merchants to create a number of workspaces. Consider these as tabs throughout the browser window. You need to use workspaces to prepare Benzinga Professional’s completely different modules or manage information searches round completely different industries. For instance, you may have a information feed workspace, a screener workspace, and a watch checklist workspace. The workspaces make it very straightforward to maintain your workspace (pun meant) organized.

Cut up Display screen

Every workspace will be additional organized by splitting content material into completely different display screen areas (i.e. halves or quarters). You’ll be able to have as much as 4 screens in every workspace, which will be useful for energetic merchants with much less display screen actual property. Even in case you have a number of screens, it’s positively extra environment friendly to separate the screens.

Separate Home windows

One factor I actually like about Benzinga Professional’s platform is that it means that you can open modules as their very own home windows. Whenever you open a brand new module, you may select to open it throughout the workspace or as a brand new window. As soon as once more, that is nice for conserving display screen actual property.

For instance, you may have one workspace that you simply use to show charts, fundamentals, and company-specific information. You can too have a separate window for Benzinga Professional’s streaming information feed. That means, the streaming information is all the time current in your display screen as its personal window. The workspace is open in a tab that you would be able to rotate out and in of.

Themes & Settings

The default theme for the platform is darkish, however you may select between Darkish, Gentle, Excessive Distinction, and Vintage. We discovered that the “Darkish” theme is best on the eyes, however some merchants might want a lighter theme.

You can too change the textual content measurement and headline peak for additional customization.

Actual-Time Information

The primary function of Benzinga Professional is its skill to ship real-time information. The platform is designed to assist merchants get entry to market-moving monetary information as quickly because it breaks. That mentioned, the instrument is greater than only a easy newswire. It additionally presents commerce alerts and an audio squawk field.

As a part of our Benzinga Professional evaluation, we needed to take a look at the standard of the information and the options of the information feed to see how this instrument compares to different monetary information platforms.

Let’s take a better look.

Information Feed

Benzinga Professional’s information feed is on the coronary heart of this platform. For the worth, that is positively one of many higher real-time information streaming instruments out there.

That mentioned, it’s actually necessary that you simply get your settings proper. Consider this as your personal private information desk. If you would like this information desk to be efficient, it’s essential decide which tales and information sources you need to see.

The important thing to market information is actionability. You need to have the ability to discover actual time tradable information with ease. On daily basis dealer has their very own distinctive model of inventory buying and selling. Should you use the “straight out of the field” settings, you may be overloaded with data. There are tons of various information alerts and lots of received’t be related to your buying and selling model.

Benzing Professional allows you to change your information feed settings to filter what seems. You’ll be able to filter headlines primarily based on sources, classes, and sectors. You can too select to create information feeds on your personal inventory watch lists, which will be significantly useful for those who construct your watch lists strategically (i.e. separated by sector, worth vary, time-frame, and so on.). Right here’s an entire checklist of the out there filters:

Sources

Benzinga Alerts

Benzinga Wire

Jiji Press

Accomplice Hyperlinks

Press Releases

SEC Filings

Transcript Summaries

Classes

Market Transferring Exclusives

Analyst Scores

Bonds

Commodities

Dividends

ETFs

Earnings/Steerage

Exclusives

FDA

Foreign exchange

Futures

Sizzling

IPOs & Choices

Insider Trades

M&A

Market Updates

Information

Choices

Rumors

Brief Sellers

Small Cap

Startups

Inventory Splits

Tech

Buying and selling Concepts

Sectors (Every of which will be filtered into sectors inside sectors)

Primary Supplies

Client Cyclical

Monetary Providers

Actual Property

Client Defensive

Healthcare

Utilities

Communication Providers

Power

Industrials

Know-how

To make this platform as resourceful as potential, select a mix of filters that align along with your buying and selling model. For instance, you a tech-focused dealer would possibly need to see headlines associated to Analyst Scores within the Know-how sector.

All headlines seem within the information feed in real-time. Tickers and costs are color-coded primarily based on the day’s worth motion (crimson = down, inexperienced = up).

You’ll be able to set quite a lot of notifications and alerts, together with audio information alerts, desktop alerts, and e mail alerts. Should you’re a day dealer who spends the day looking at dozens of charts, stage 2 screens, and scanners, the audio alerts are tremendous useful for calling consideration to breaking headlines that matter.

Commerce Alerts

The Benzinga Professional information feed presents extra than simply information. Additionally, you will have entry to different actionable data associated to dam trades, choices alerts, shares transferring on quantity, and extra.

In fact, you may disable these alerts if you need a pure information platform. Nevertheless, we discovered them to be useful and so they don’t overwhelm the information feed. You can too customise these alerts to solely present what you have an interest in.

The alerts make Benzinga Professional particularly engaging to merchants who need to monitor uncommon choices quantity. You’d usually should pay for an choices scanning instrument like Optionsonar or Equityfeed to get these kind of buying and selling alerts.

Uncommon Choices Exercise

Benzinga Professional prospects can get entry to uncommon choices exercise indicators for an additional $28 per 30 days. This instrument presents real-time alerts for block trades and sweeps. You can too analyze the alerts in a calendar format to evaluation historic exercise.

Audio Alerts

Most day merchants are specializing in 10 issues directly, so it’s straightforward to neglect your information feed and miss out on an necessary transfer. To stop this, Benzinga Professional presents a “squawk field,” which is actually an audio information feed.

The squawk field offers audio information updates in intervals all through the day. It’s not a continuous stream and it positively places high quality of alerts over amount. Consider this stream as CNBC minus all the fluff.

We actually like this instrument as a result of it frees up day merchants to give attention to different issues whereas letting them keep tuned into breaking information. Audio information alerts will help you take up extra data with out having to open one other window. In addition they be certain that you don’t miss out on any breaking information that will influence the inventory market or the person shares you’re buying and selling.

Squawk protection contains:

Financial information information

Market rumors

Earnings information and steerage

Press conferences

Convention calls

And extra

Information Desk Chat

One particularly distinctive function Benzinga Professional presents is the flexibility to talk with the information analysts who write the headlines that seem within the information feed. Should you see a inventory make a transfer and need to know what’s occurring, you may ask the information desk for data.

They could be capable to level you to a headline instantly. But when not, the analysts will make just a few calls to seek out out what’s occurring and get again to you in a couple of minutes with a proof. This can be a neat method to get “insider” details about probably tradeable strikes in a inventory.

Analysis

Whereas the primary function of Benzinga Professional is certainly the superior information feed, the platform additionally doubles as a inventory analysis instrument. There are just a few fundamental methods you should utilize the platform for analysis.

First, you should utilize the information search perform to seek out information that’s related to the shares you need to commerce. You’ll should mess around with quite a lot of search phrases to seek out the knowledge you want, nevertheless it’s very useful as soon as you work it out. For instance, we discovered that “purchase” usually delivers higher outcomes than “acquisition.”

Second, you should utilize Benzinga Professional to get a fast snapshot of a inventory. You’ll be able to flip by real-time quotes, firm statistics, charts, financials, and extra. Mainly, it serves as a extra refined model of Yahoo Finance.

Lastly, you should utilize the platform to remain on prime of earnings studies. The platform presents a pleasant earnings calendar that’s straightforward to research and type.

Inventory Screener

The Benzinga Professional platform has a built-in inventory screener that permits merchants to seek out gainers and losers for intraday or each day time interval. You’ll be able to filter between gainers and losers and over the previous quarter-hour, half-hour, or day. These outcomes will be filtered even additional primarily based on inventory worth, market cap, and sector.

The Benzinga Professional inventory screener updates each minute. Outcomes will be filtered by metrics comparable to p.c change, quantity, and extra.

The screener is a pleasant instrument to have in one in every of your workspaces if you wish to get a broader view of the market. You’ll be able to see the place the motion is and discover essentially the most risky and liquid shares. That mentioned, the instrument doesn’t actually evaluate with devoted scanners like Commerce Concepts and EquityFeed. It’s designed extra to supply a market snapshot than that can assist you discover actionable commerce concepts.

Benzinga Professional Value

Benzinga Professional presents easy pricing plans.

A free plan helps you to take Benzinga Professional for a take a look at drive. You may get authentic information reporting from Benzinga’s information desk, however you may’t entry filters. As well as, all quotes are delayed by quarter-hour.

The Primary plan prices $27 per 30 days. Quotes are nonetheless delayed, however you get full entry to the information feed and primary information filters. You can too chat with Benzinga’s information group and get entry to Benzinga premium articles.

The Important plan prices $197 per 30 days or $1,997 per yr. It provides real-time quotes, audio squawk, and commerce alerts. It additionally allows you to filter the information feed by metrics like worth change and quantity.

The Choices Mentorship plan prices $457 per 30 days or $4,572 per yr. It provides you entry to Benzinga’s choices buying and selling chat room and entry to an uncommon choices exercise scanner.

You’ll be able to check out any of the paid plans free for 2 weeks.

If that is your first time signing up for a information streaming service, we suggest beginning with the Primary plan. Whereas you may be restricted in sure regards (i.e. no audio alerts), it’s fairly reasonably priced and also you’ll nonetheless have entry to quite a lot of nice instruments. This can even offer you a while to check out the platform and kind an opinion.

Extra superior merchants who’ve used streaming information prior to now and focus closely on information and elementary catalysts will in all probability want the Important plan. You’ll be able to add uncommon choices exercise alerts to this plan for $27.97 per 30 days.

The Choices Mentorship plan is greatest for merchants who’re making an attempt to interrupt into choices buying and selling. The chat room is useful, nevertheless it’s value contemplating whether or not you’d be higher served with an choices technique instrument like OptionStrat.

Benzinga Professional Low cost Code

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What Kind of Dealer is Benzinga Professional Finest For?

The Benzinga Professional platform is right for intermediate to superior inventory merchants. Newbie inventory merchants might not be capable to digest the sheer quantity of data that this platform offers. Should you’re merely searching for easy commerce concepts, a service like Motley Idiot could be extra acceptable.

Benzinga Professional particularly targets day merchants who want real-time information headlines delivered as rapidly as potential. It’s simply top-of-the-line information streaming platforms for merchants and positively the very best browser-based information platform.

Should you don’t incorporate information into your day buying and selling technique – for instance, for those who’re solely centered on technical evaluation – then Benzinga Professional possible received’t have a lot worth for you.

How Does Benzinga Professional Examine to Different Information Providers?

We’ve examined fairly just a few information streaming providers at Day Commerce Overview (TheFly, Briefing.com, and Tradethenews, to call just a few). After finishing our Benzinga Professional evaluation, we will confidently say that is our favourite real-time monetary information service. Most of the different providers we’ve examined really feel outdated and clunky. Benzinga Professional presents a clear, easy-to-use platform with the additional advantage of audio alerts all through the day.

The pricing can also be honest. The one query it’s essential ask your self is, “do I would like a standalone information service?” If information performs an enormous position in your buying and selling, you may’t go incorrect with this buying and selling instrument. At $27 per 30 days for the Primary plan, the service could be very pretty priced. In fact, if information solely performs a small position in your buying and selling, you might want a hybrid scanner that provides each information and information, comparable to EquityFeed.

You’ll be able to try a few of our in-depth Benzinga comparisons under:

Execs

Effectively-designed platform

Customizable information feed with nice sources and filters

Browser-based platform works on any machine and working system

Audio alerts are nice for merchants who’re centered on different screens

Easy earnings calendar

Desktop and audio notifications

Cons

Steep worth distinction between Primary and Important plans

Plenty of customization required to get essentially the most out of the platform