NEW -- Velocity Trade has launched FloorPass, an electronic trading service built on a dedicated, private network rather than the Internet. The service links traders directly to the trading pits of the Chicago Mercantile Exchange, the Chicago Board of Trade, and electronic exchanges.
Designed especially for active traders in the index futures markets, a FloorPass subscription provides all components needed for trading, including a customized, dedicated trade terminal; a real-time datafeed from eSignal; a live verbal feed from the S&P pit ("squawk"); and direct-to-pit order entry. Velocity Trade's private network transmits information in less than two-tenths of a second with a highly reliable connection. Orders are transmitted directly from the trader's terminal to a body-mounted receiving monitor carried by an executing broker in the trading pit. FloorPass subscribers connect via a direct dial-up connection available in 150 metropolitan areas across the US and Canada. Velocity Trade also has a trading room in Arlington, VA. FloorPass subscribers have direct access to all domestic futures index and financial markets, including the S&P 500, the S&P E-mini, the DJIA and Dow E-mini, the Nasdaq and Nasdaq E-mini, currencies, and bonds. World futures markets include the NIKKEI, LIFFE, MATIF, and the SIMEX. 877 953-5274 |
NEW -- A NeuroDimension has released TradingSolutions, a comprehensive financial analysis software package created to assist investors with trading decisions. It combines traditional technical analysis with artificial intelligence to produce sophisticated trading systems.
TradingSolutions' time-based neural networks allow users to model optimal buy/sell actions as well as predict future prices. Genetic algorithms can be used to optimize models for maximum profit. Download end-of-day financial data directly from the Internet or import from a variety of other sources. 800 634-3327 |
NEW -- WatcherPlus, which was launched earlier this year by Watcher Technologies, a subsidiary of Datek Online Holdings Corp. and a leading developer of professional trading software, is a faster, more reliable and more robust version of Watcher, a direct-access trading system.
WatcherPlus utilizes a multitiered architecture that houses most of the programming code on servers instead of the personal computers operated by the product's end users. WatcherPlus provides professional traders with links to Nasdaq's SelectNet, Nasdaq's Small Order Execution System (SOES), and various electronic communication networks (ECNs) including Instinet and Island ECN, a subsidiary of Datek Online Holdings Corp. Watcher Technologies, LLC, is a wholly owned subsidiary of Datek Online Holdings Corp. |
FYI -- Traderscoach.com is a Website designed to help both new and novice traders improve their skills. Owned and operated by Bennett McDowell, an active trader who manages trading accounts, this site offers a service focusing on all aspects of trading. Bennett has studied with trader Bill Williams, Ph.D., and Justine Williams at Profitunity Trading Group.
Bennett started the service to explain trading ideas in language that everyone can understand, and the Internet offers a more interactive environment than what a cassette course alone can offer. The Website offers help with trading psychology for traders having difficulty with executing their trading signals, and helps traders explore what obstacles they may be encountering in their trading, whether their problems stem from the choice of system the trader is using or whether the trader's approach is compatible with his or her psychology. The service offers a free half-hour phone consultation. 10755F Scripps Poway Parkway, Suite 447 |
eASCTrend |
NEW -- AbleSys Corporation has released eASCTrend 1.0 for Windows. This stand-alone trading software uses eSignal online data from streaming DBC central data servers over the Internet. The new eAscTrend 1.0 has all features of AscTrend DLX 3.0 for TradeStation 2000i, plus the real-time AutoScan and unique AlertOnce feature.
eASCTrend is available for lease or purchase. The prices are: 30-day trial, $99; monthly lease: $138 per month plus $100 initial setup fee; annual lease, $1,195 per year; purchase price, $3,800. In other news, AbleSys has launched a newly updated Website at www.ablesys.com. For a limited time, using the market search engine WinTick Online is free. WinTick is an Internet-based market search engine using Asctrend technology. No charting software or data is needed. At the end of the day, WinTick will single out the best trades from more than 10,000 stocks and major futures, commodities, currencies, and other tradables, and provide buy, sell or hold positions, market trend directions, and optimal stops. It is 100% objective. https://www.ablesys.com/easctrend.htm |
NEW -- Austin Financial Group offers a free 30-day trial of its new financial program, MarketWarrior. The MarketWarrior software utilizes the Cross Time Frame Analysis method. Because many traders are not familiar with this approach to financial analysis, the software integrates a 14-lesson course into the MarketWarrior help file. When the 30-day trial is downloaded and installed, the free course will be available in the MarketWarrior help file. Traders are welcome to print and keep the 14-lesson course in Cross Time Frame Analysis, whether or not they buy the permanent version of the MarketWarrior software.
The 30-day trial can be downloaded from Austin Financial's Website, www.marketwarrior.com. PO Box 152672 |
NEW -- TraderBot has launched a new stock market analysis tool for real-time analysis on real-time market data. TraderBot employs an Internet search engine technology, one specifically designed for financial markets, allowing investors to monitor and dissect the massive flow of real-time online investment information.
The TraderBot search engine scans every trade on every stock in real-time to instantly find stocks that match a user-defined set of criteria. For example, TraderBot can look for strong stocks that are potential candidates for technical breakouts as they approach or exceed 52-week highs or 50-day moving averages, while also exhibiting an upward spike in volume, a gap up in price at the opening of trading, or both. 16400 Lark Ave., Suite 300 |
FYI -- TurtleTrader.com, a Website dedicated to the proprietary investment methodologies of the "Turtles," announced an alliance with Prophet Financial Systems, a provider of financial market data and Internet-based applications for investors. In the alliance, TurtleTrader offers trading methodology, while Prophet provides information to help with trading decisions.
By incorporating financial content from Prophet, TurtleTrader.com will significantly expand the scope of investor information provided at the TurtleTrader.com site. With this agreement, Prophet will provide online charts for stocks and futures to support the TurtleTrader.com trend-following methodology. TurtleTrader.com provides the systematic trading methodology originally developed by legendary trader Richard Dennis. Through these methods, Dennis proved that average people could be trained to trade successfully. Dennis and other Turtle Traders have been featured in Jack Schwager's best-selling books, The Market Wizards and The New Market Wizards. https://www.ProphetFinance.com |
NEW -- Technical analysis and software developer Quantum Analysis Systems has released PaperTrader 1.0. The software integrates with TC2000 to allow users to record trades, real or on paper, long or short, on the stocks in their WatchLists, displaying the value of each WatchList (portfolio) based on the most recent close price in the TeleChart data.
PaperTrader is delivered on CD-ROM, installed on a Windows PC with a recent version of the TeleChart software installed. The portfolio information is stored locally on the PC, making data entry quick and ensuring privacy. While many Internet-based portfolio trackers are available, a slow connection to the Internet can make using them frustrating, and some people worry about security and sharing their trading activity with potential hackers. Because TC2000 allows users to create multiple WatchLists, PaperTrader users can set up as many portfolios as needed to track their trades and overall value of their trading activities. One portfolio could be the user's actual trading in the market, while others could represent paper-trading activity, where the user may try out new ideas and systems. PaperTrader costs $39.95 plus $5 shipping and handling for US orders. 888 778-7779 |
MANAGED FUNDS FORUM 2000The Managed Funds Association will hold its Forum 2000 at the Fairmont Hotel in Chicago July 11-13. Contact Bruce Terry, conference chairman at 203 227-3412, or Kate Rice, MFA executive vice president, at 202 828-6040 for information relating to sponsorship options. Attendees are urged to make their reservations as soon as possible by calling the Fairmont directly at 312 565-8000. Mention that you will be attending the MFAÕs Forum 2000.
www.mfainfo.org
INTERNET-BASED FUTURES EXCHANGEThe Commodity Futures Trading Commission (CFTC) unanimously approved the application of the FutureCom Commodity Exchange for designation as a contract market. The approval follows three years of vigorous scrutiny of FutureComÕs governance, technology, security, financial safeguards, trade matching algorithms, trade practice, and many other critical areas.
AuditForce, an independent third-party testing service, conducted an audit of FutureComÕs trading platform. FutureCom will offer electronic trading on a real-time basis. Margins for new trades will be required to be on deposit with the Exchange before orders will be accepted for execution. The first contract traded on the exchange, live cattle and options, will be cash settled.
FutureCom
PO Box 9618
Amarillo, TX 79105
806 372-3877
info@futurescom.org
https://www.futurescom.org
MICROSTAR RESEARCH RENAMED INDIGO INVESTMENT SYSTEMSMicroStar Research and Trading has changed its company name to Indigo Investment Systems. Everything else remains the same: the investment software, and the free and unlimited support. New products are in the pipeline, with the newest addition to be Indigo Investment Software for Fidelity Funds. A new Website offers charting, real-time quotes on the major indices, and 15-minute delayed stock quotes.
Indigo Investment Systems, Inc. 8320 S. Tamiami Trail
Sarasota, FL 34238
800 315 5635
941 918-8268
fax 941 918-8268
sales@msindigo.com
https://www.msindigo.com