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Traders'
Library will host an options trading forum October 9-10 in Chicago.
The forum will offer attendees access to experts in option trading during
two days of workshops. The event will also host an awards banquet where
veteran trader Larry McMillan will receive an award for his contributions
to the field of options.
Other options experts on hand will include James Bittman of the CBOE, Jon Najarian, George Fontanills, Max Ansbacher, and Price Headley. Topics covered will include options strategies and the psychological aspects of trading. Workshops will include "Using Options For Market Timing," "Leaps," and "High-Profit, Nondirectional Option Trades." Geared toward traders of all levels, the forum will also host exhibits with product demos, discounts on trading tools, and educational materials. Tickets are $495 per person with discounts available for groups. Register by calling 800 272-2855 or by visiting www.optiontradingforum.com. Traders' Library |
TickQuest
has
released NeoTicker 2.0 End of Day Edition (NeoTicker EOD 2.0). NeoTicker
EOD is a technical analysis charting application designed for traders whose
primary interest is analyzing end-of-day data.
NeoTicker EOD 2.0 introduces many new features, including delayed intraday quotes, a customizable tool bar, crosshair data display, and portfolio tracking. NeoTicker EOD comes with extensive drawing tools and more than 40 indicators. It can open multiple charts under user grouping and allows mixing of multiple time frames with customized frequencies. NeoTicker EOD supports free Internet data, TC2000, MetaStock, CSI, and ASCII formats. Indicators are fully programmable and NeoTicker EOD is compatible with VBScript and JavaScript. The price is $80. A free, 30-day, fully functional trial version can
be downloaded from TickQuest Inc. |
Visual
Numerics offers version 5.0 of its IMSL C Numeric Library. This version
adds 77 new numerical analysis functions. CNL 5.0 supports several new
64-bit computing platforms. The 50 new finance functions are intended to
help brokerage firms and insurance companies perform financial modeling
to analyze various risk factors associated with their business. Included
are routines for calculating depreciation of assets, internal rates of
return, bond amortization, and net present values. Pricing starts at $1,295.
Visual Numerics, Inc. |
TradeStation
Group has become a member of the National Futures Association (NFA)
and will now integrate direct-access futures execution support into the
new TradeStation platform. Clients will have direct-access connections
to major US futures and futures options markets and 24-hour access to major
world markets. Streaming real-time data from major futures exchanges will
be available.
TradeStation Securities, Inc. |
The
Day Trading Center from Tradetrek.com offers real-time Live Picks.
Live Picks are stock selections based on technical patterns such as breakouts,
gaps, flags, and support and resistance, generated by Tradetrek's proprietary
stock-pattern search engines at five-minute intervals.
The search engines constantly scan the market for stocks that present the most favorable/unfavorable intraday formation using advanced pattern-recognition methods derived from artificial intelligence and fuzzy logic principles. Live Picks are posted every five minutes. For active traders who hold positions for a very short time and make several trades each day, the Day Trading Center's Live Picks can be a helpful tool in the stock-selection process. Users benefit by making better trading decisions based on stock market patterns created by the behavior of institutional investors. Tradetrek.com, Inc. |
Datek
Online Holdings Corp. has added data from The Brut ECN
to its Streamer ECN service. Streamer Ecn is a free, real-time, streaming
stock price service incorporating data from Brut, The Island ECN, RediBook,
and Archipelago. The Brut ECN represents approximately 7% of Nasdaq's daily
trades on all ECNs. With data from Brut, Streamer ECN now provides market
information from four leading ECNs, which account for about 64% of Nasdaq's
daily trades on ECNs. The Streamer ECN, a free quote service launched in
March 2001, is available for all investors and can be accessed at www.streamer.com.
Datek Online Holdings has enhanced the Level II features it provides through its Streamer Version 3.0 real-time streaming stock quote service, a paid service. Users can now view Level II information for up to four stocks simultaneously. A three-dimensional graph enables investors to visualize momentum shifts in buy and sell orders. Level II quotes on the Streamer real-time quotation service are available free for those who trade more than 20 times a month with Datek Online. Users who trade 19 or fewer times per month can access Level II quotes for $9.99 per month, while professional users have access for $50 per month. The Streamer 3.0 quote service includes Level I quotes for NYSE, Nasdaq, and AMEX stocks; detailed Level II Nasdaq quotes; automatic customized portfolio tracking; and an applet displaying most-recent trading activity in a given security. The Streamer quote service also provides an applet that tracks up to 27 major indices, as well as customized indices that investors can create. Datek Online The Brut ECN, LLC |
TCI,
a provider of investment education, provides a wide range of trading systems
to be used for daytrading, swing trading, and long-term investing in both
stocks and futures. In the futures market, the systems are designed for
trading the S&P 500 and the Nasdaq 100 indices (e-mini and full contract).
With its own systems-trading technology, TCI's intense course is designed
for those active individual investors who are willing to commit the time,
discipline, patience, and resources necessary to achieve success in the
markets.
TCI Corporation 800 989-4223 www.tcisf.com |
Trend
Reflection has released two new trading products: Trend Momentum 28
and SuPernova. Trend Momentum 28 is a diverse, end-of-day trading system
that is based on a proprietary breakout algorithm that also determines
the true nature of the trend. The system integrates breakout technology
in the direction of the true trend with small, manageable stops. Trend
Momentum 28 is a 100% mechanical system that is simple to implement. The
program offers diversification among a basket of commodities in various
groups.
SuPernova is a mechanical daytrading program for the S&P 500 and E-mini contracts. The program measures market volatility, momentum, trend, and market structure using proprietary algorithms to determine entry points for momentum trades with the trend or short-term countertrend trades. Both programs come with Trend Reflection's versatile Portfolio Money Manager program that allows a trader to test various portfolios of trades and determine the proper amount of contracts to trade based on a given portfolio. Trend Reflection, Llc |
Financial advisory website www.worldcupadvisor.com has been redesigned
and relaunched with new features. At the top of the list, the Live Update
program has been enhanced and expanded to include 10 futures accounts,
and the display provides a complete look in real time at how successful
traders trade their own money. Subscribers are alerted to all account activity
with e-mail notifications.
The most recent addition to the Live Update lineup is Larry Williams' S&P account, which debuted May 29. Williams now offers separate accounts for S&P and T-bond trading, while money-management expert Ryan Jones offers separate accounts for S&P and Nasdaq trading. Kurt Sakaeda and Jim Severoglu, winner and runner-up, respectively, in the 2001 World Cup Championship of Futures Trading, have also recently launched Live Update accounts. All advisors issue periodic commentary and trade recommendations through the site's Market Watchdog service. Worldcupadvisor.com offers readers of Technical Analysis of STOCKS & COMMODITIES a free one-month trial to the Market Watchdog service and a month of free or discounted Live Update service from selected advisors. Visit www.worldcupadvisor.com/sc. WorldCupAdvisor.com |
Wall
Street Access has launched a new online trading platform, AccessPoint.
The platform is designed to provide more sophisticated services Ñ
such
as complex option strategies and research from Deutsche Banc Ñ to
online customers. Customers will have access to the same institutional-quality
market data that their brokers use.
AccessPoint calculates the market value of the customer's total account and individual holdings using real-time prices and asset factors for equity and option positions. Customers can get intraday cash balances, including intraday buying power on margin, and can also download their brokerage account information into their personal finance software. Wall Street Access |
HyperFeed Technologies announced it has acquired substantially all
of the assets of Marketscreen.com. Marketscreen provides comprehensive
stock screens tailored to the needs of financial resource providers, including
online brokerages, investment firms, and financial portals.
In conjunction with the acquisition, PCQuote today unveiled a new strategy targeted at investing individuals, providing them the sophisticated tools they need to manage their portfolio investments during up and down markets. Marketscreen operations will continue to be located in the San Francisco Bay area and St. Petersburg, Russia, and will enhance product research and development for HyperFeed. PCQuote.com, Inc. HyperFeed Technologies, Inc. Marketscreen |
Neovest
announced
that its trading platform now supports large-scale deployment of HyperFeed
data across corporate networks. This benefits those in the investment community
who are seeking flexible and end-to-end solutions with reliable datafeeds,
decision-support, and advanced-order entry.
Neovest product functionality includes real-time filtering and monitoring of equities, options, and derivatives, plus order routing, sector analysis, best-of-breed charting, quotes, and news, all integrated in real-time electronic investing and trading solutions. Neovest also provides quantitative forecasting models, with out-of-sample track records that produce long and short rankings of stocks. Neovest, Inc. |
Zapfutures.com has introduced two new services for traders. From the Zap
2000 Order Entry System, clients can now click on the “Broker On Call”
button to get instant access to live quotes, charts, news, research, trading
systems, and a live broker to answer trading questions online.
Another new service at Zapfutures.com is the Interactive Online Futures Seminars, a series of seminars presented by some of the best practitioners in the futures industry, covering subjects such as daytrading the E-minis, designing a trading system, option strategies, and improving entries and exits. This ongoing seminar series is presented live each Tuesday evening from 7 to 8:30 p.m. Cst. As for developments in the software arena, TradingSystem.com has just introduced PerpETrader. TradeStation owners can now have their trading signals automatically converted into prewritten orders and sent directly through the Zap 2000 Order Entry System for fast and accurate execution. Zapfutures.com |
GAIN
Capital, an Internet-based Forex Trading Service, having reached its
one-year anniversary, is formally seeking registration with the Commodity
Futures Trading Commission (CFTC) to become a regulated financial entity
as a Futures Commission Merchant (FCM). Gain pioneered the concept of one-click
dealing from real-time, streaming quotes in a market dominated by Request
for Quote (RRG) pricing. Gain began live trading in May 2000 to offer institutional
and individual investors direct access to 24-hour, commission-free Forex
trading at Interbank spreads.
GAIN Capital |
e-NUMERATE COMPLETES PROTOTYPE TOOLS FOR XBRL
Software builder e-Numerate Solutions has completed development
of a prototype product for a new financial reporting platform known as
eXtensible Business Reporting Language (XBRL). XBRL is a new electronic
language for preparing, publishing, comparing, and exchanging financial
statements, which will allow companies to realize the full benefits of
Xbrl without having to abandon their own longstanding accounting practices.
Using XBRL, companies can prepare financial information once and easily reuse it for multiple purposes, including regulatory filings, financial statements, and web postings. Xbrl also makes comparison of financial information from different companies easier by ensuring the financial terms used by each company in its reporting link to standard terms everyone can share. Xbrl's official glossary of financial terms - called a taxonomy - is based on US Generally Accepted Accounting Principles (GAAP). A taxonomy based on International Accounting Standards (IAS) is also forthcoming. e-Numerate Solutions Inc. |
Anyware RealTime WebSheet from VistaSource.com is the thin-client
version of Anyware RealTime Spreadsheets, which is optimized specifically
for the rigors of a real-time data environment. Anyware RealTime WebSheet
delivers the same performance and capabilities to users with Java-enabled
browsers, helping them make better-informed buying and selling decisions
from any desktop.
Anyware RealTime WebSheet recognizes and differentiates simple tasks from those that are computationally intensive. Heavy-duty computations, such as sophisticated calculations and recalculations, are performed on the server to maximize speed and efficiency. Display and user interface-related tasks are reserved for the client, which in turn optimizes client-side communications with the server. WebSheet utilizes Ssl to secure an entire user session, from login and authentication to log out. Connectivity to real-time data distribution systems (Dds) is accomplished through the use of Anyware RealTime Engines, each handling the interface to a single, specific Dds. Users proficient with Excel can transfer that proficiency to Anyware RealTime Spreadsheets or WebSheet with a minimal learning curve and the Anyware RealTime for Excel plug-in. Pricing is on a per-user basis through either a perpetual license or monthly subscription model. Anyware RealTime and AnywareOffice are available through https://www.anywarerealtime.com and https://www.anywareoffice.com. VistaSource, Inc. |
National
Discount Brokers Group has a website providing information about corporate
developments. Individual investors will find, among other things, hyperlinks
to news releases on the latest corporate information, biographies of company
leaders, the most recent corporate annual report, and filings with the
Sec. Visitors can select automated e-mail, company information, a review
of the company’s infrastructure and technology, as well as investor education
initiatives and business alliances.
National Discount Brokers Group, Inc. |
Al-Bawaba’s Business Channel (www.albawaba.com/business) recently launched
an English-language service that enables investors around the world to
readily trade shares on the Amman Stock Exchange (ASE). The new
service includes stock quotes, financial snapshots, company profiles, corporate
research, charts and other in-depth information on the 160 publicly-traded
companies on the Amman Stock Exchange. The information is provided in cooperation
with United Financial Investments (UFICO), the largest volume trader in
the Ase.
The new service provides institutional and private investors with information to make investment decisions. Al-Bawaba plans to start similar news services for other stock markets in the Middle East, including the Cairo and Dubai exchanges. Al-Bawaba’s (In North America) Global Village Communications |
COMPLIANCE WITH FAS133
FinancialCAD
has released The Perfect Hedge, its online solution to the Fas 133 compliance
problem now faced by thousands of organizations in the US and worldwide.
The Perfect Hedge solves the Fas 133 problem by providing businesses with
a secure, ready-to-use Fas 133 Audit Support application that is accessible
over the Internet for a monthly fee.
The Perfect Hedge represents an easy way for companies to get their Fas 133 solution up and running immediately. A web browser, username and password are all that are required to access the system over the Internet. Once logged in, clients simply load in their transaction details and describe their hedges. The Perfect Hedge automatically marks-to-market underlyings, derivatives, and hedges, and continually monitors hedge effectiveness. The program contains powerful enterprise-class administration tools that subscriber organizations can use to grant their users access. FinancialCAD Corporation |
MATHEMATICA 4.1 ADDS FEATURES AND PLATFORMS
Wolfram
Research recently released Mathematica 4.1. New features include enhanced
symbolic differential equation solvers; dramatic speed improvements in
statistics functions; Java integration with J/Link 1.1; improved MathML
integration, including copy and paste of formulas to web browsers; new
support for LinuxPPC and AlphaLinux platforms; and new and faster import/export
filters for Excel files, tabular data, compressed Bmp, Dxf, and other file
formats.
Mathematica 4.1 also incorporates the newest results from Wolfram Research’s ongoing research and development effort, which has been focused on finding new ways to help technical professionals solve two of their primary challenges: handling ever-larger datasets and increasingly complex calculations, and communicating technical content faster and more efficiently over the Internet. Wolfram Research, Inc. |