June 2002 TRADE NEWS
News Releases & Products



TRADE NEWS & PRODUCTS

Martin Pring's Technical Analysis/MetaStock Workshop June 21-23

Learn to build solid charting analysis from the ground up. This seminar, hosted by Martin Pring, is designed to teach participants not only how to use MetaStock but also how organize the various features in an efficient and intelligent way. Knowing how to use the program, though, is only half of the battle. You still need to apply it in the marketplace.

Beginning sessions will cover everything from MetaStock basics to how to use the DownLoader, printing charts, and other aspects of the program. The next day covers a wide range of technical analysis topics. Day 3 is designed to get the most out of MetaStock. Bring your laptop! Intimidating features will be explained. The last day covers power charting with MetaStock's charting features, its indicator language, and modules, as well as how to design, test, and apply mechanical trading systems.

Early registration by June 3, all three days, $1,425. After June 3, all three days, $1,564. Other class packages also available.

www.pring.com/seminar1.htm 

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Steve Nison's Candlestick Workshop June 22-23

Join Steve Nison for his two-day seminar, "Secrets to Becoming a Samurai Trader: Steve Nison's Most Potent Eastern and Western Trading Weapons" on June 22-23 in midtown Manhattan, NY. Attend one day or both. Day 1 covers the basics of using candle patterns to spot early reversal signals, and also covers combining candle chart signals with Nison's favorite Western technical tools. Day 2 is the advanced candlestick charting workshop. Steve presents new and powerful methods (many of which are not in his books) for trading with candle charts with maximum precision and effectiveness. To ensure personalized attention, day 1 is limited to 25 students, day 2 to 15 students.

www.candlecharts.com

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MetaStock Plug-In for Candlestick Analysis

A new plug-in for MetaStock, developed by candlestick expert Steve Nison, generates specific buy/sell signals based on Steve Nison's personal candlestick analysis. The plug-in, NCU, is the result of Nison's many years of research into both Eastern and Western charting techniques. To further improve trading accuracy, Nison's candlestick signals are gauged within the context of trend, volatility, and reward/risk ratios. Release is expected in May or June.

www.candlecharts.com

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2002 Financial Market Timing Seminar August 24-25

Raymond Merriman, president of Merriman Market Analysis, will conduct a seminar in Newport Beach, CA, August 24-25, 2002.

According to Merriman, many stock and financial markets may be on the verge of completing major long-term cycles. There are two long-term geocosmic cycles whose time bands of influence overlap between August 2002 and January 2003. According to Merriman, this could create many new investment and trading opportunities and risks.

The seminar will discuss why this period will be important to investors. It will teach participants to identify optimal periods for trading during this time, using the market timing methodologies developed by Merriman. First-time attendees: $1,995, before August 1, $1,500. A preseminar on "Basic Principles of Geocosmic Studies for Financial Market Timing," conducted on Friday, August 23, 1:00 - 5:00 pm, by Geraldine Hannon, is an additional $60. For reservations, 800-662-3349.

www.mmacycles.com/events.htm

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Conference for Institutional Treasurers

Capital Missions Company's annual conference on social investing for institutional treasurers and financial officers will be held on June 10, 2002, in New York City. Called the Triple Bottom Line Simulation, referring to financial, social, and environmental returns, the simulation allows investment officers to compare returns on social investments with their existing portfolio returns to assess the favorable returns and consider investing socially.

www.capitalmissions.com

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TradeStation Service Packs Discontinued

TradeStation Technologies announced that Service Pack 5 will be the final Service Pack for the 2000i product line. Historybank.com will continue to be available to users at no charge until at least June 30, 2002. In addition, TradeStation Group expects to post a patch at its website for the 2000i product line whenever a third-party data vendor makes a change to its datafeed that breaks compatibility with the 2000i product line. Users will be notified when patches are available by a message posted at the TradeStation website.

www.TradeStation.com

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Ameritrade and Datek Announce Merger

Ameritrade Holding Corp. and Datek Online Holdings Corp. announced they would merge, creating one of the largest brokerages serving self-directed investors. The newly merged firm will create the largest online brokerage when measured by equity trades per day. The value of the transaction is approximately $1.289 billion based on the closing price of Ameritrade stock on April 5, 2002, net of the acquisition of cash plus regulatory capital valued at $100 million. The transaction is expected to close by July 2002, subject to customary regulatory and shareholder approvals.

Ameritrade Holding Corporation www.amtd.com
Datek Online Holdings Corp., www.datek.com

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Rating by Barron's

Terra Nova Trading provides direct access trading routed to ECNs (electronic communication networks) for Nasdaq or listed stocks, where customers can see posted bids or offers, know when trades are executed, and quickly cancel or adjust unfilled orders. Because it offers direct access trading, Terra Nova does not engage in the practice of payment for order flow.

Terra Nova Trading received the highest-ranking awarded for trade execution quality in a recent industry review by Barron's. Terra Nova was noted for its fast, flexible trade executions and the range of offerings available to its customers.

Terra Nova Trading, LLC, www.terranovatrading.com

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Pristine Launches ESP Scanning Software

Pristine.com launched its ESP scanning software. ESP combines and delivers the trading skills of founders Oliver Velez and Greg Capra with computer technology to enhance the educational and trading intelligence for traders.

Pristine ESP codifies the Pristine Method into software that traders can use. It is offered in several modules at various prices. Free trials are available.

www.pristine.com/esp_product/
www.pristine.com

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NeuroShell JJX Capital

Ward Systems Group has entered into an agreement with JJX Capital to supply them with Ward Systems's NeuroShell DayTrader Professional software. Through the use of the JJX's supercomputer and NeuroShell software, JJX plans to create a system that reduces risk in investing and decision making.

www.neuroshell.com
www.jjxcapital.com

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Stock Market Research

Worden Brothers has announced a new product, TCNet, for market information and research. Through partnerships with distributors nationwide, TCNet combines information-sharing with data delivery. It offers end users an array of features, including the ability to share and discuss personal notes and view the charts of other TCNet users.

TCNet is a customizable and scalable environment, where users choose the scope and quality of content viewed. TCNet carries commentary and analysis from leading market experts as well as breaking news stories, updated in real time throughout the day. The latest earnings reports can be accessed as soon as they are posted without the user ever leaving the charts.

The service includes streaming, real-time data, and intraday charting, with TCNet's AccuTick technology ensuring clean data. Cost is $79.95 per month.

TCNet www.TCNet.info

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Online Trading Diary

The Technical Trader provides a real-time diary into the day and swing trades, market insights, and technical charts of Harry Boxer. A continuously updating page presents 60+ entries a day, with audio alerts. A portfolio summary is available on a 15-20 minute delayed feed, and intermediate-term picks are also provided with annotated technical charts. Boxer also provides daily closing technical comments, closing index charts, a weekly chat, and his weekly "Boxer Shorts." The service is not only for insights into trading equities, but also for options and index futures.

www.thetechtrader.com

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Rina Systems Updates PortfolioStream

An enhanced version of PortfolioStream from Rina Systems has been released. The Sharpe ratio can now be determined using different methods of calculating the percent return. This makes the determination of the Sharpe ratio more relevant to both systems that compound trade size and those that generate a fixed trade size throughout the history.

PortfolioStream also now contains a new type of graph, called Exposure Graphs. These display information relating to how much capital or margin a particular portfolio is using (open positions) over time. These graphs are designed to aid in assessing how much capital is required for a portfolio and also how much margin is utilized by the strategy.

PortfolioStream users can convert any system results (performance report) into another currency denomination. This is relevant when securities are traded across borders.  It also now supports the ability to run studies across time frames.

Rina Systems has also released Selector Pro Toolbox for stocks, mutual funds, and futures. It combines ranking and backtesting with the system development capabilities of TradeStation. Selector software combines multimarket, automated backtesting in TradeStation with the use of cross-sectional ranking. Selector makes accessible to the serious system developer the ability to use security's ranking information, relative to other symbols in a user-defined group. A 30-day evaluation is available.

www.rinasystems.com

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eSignal 7.0 Released

Interactive Data Corporation's eSignal division announced eSignal version 7.0. This release will bring new charting and analysis software to technical analysis traders. It offers greater flexibility and customization than ever before, which helps improve trading decisions.

The new platform offers a combination of preprogrammed analytical and interactive analytical studies, customizable sample studies, premium third-party studies, and a new formula engine based on JavaScript programming language. Subscribers can test their trading strategies on days, weeks, and years of historical data. Other new charting features include Fibonacci retracements, linear regression, and trendlines, multiple overlays of studies such as RSI, stochastics, MACD, parabolic SAR, and others. New bar, line, and candlestick charts include renko, kagi, point and figure, and three-point break in addition to expandable and scalable chart axes are part of version 7.0.

Monthly pricing starts at $79 for active traders. For professional traders, prices start at $175.

www.esignal.com

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PT 7.0 System Builder For TradeStation

Walter Bressert has released PT 7.0 System Builder, which contains functions to turn indicators into trading strategies and systems using TradeStation. This allows the user to build a system and optimize buy/sell signals and combinations of functions, which could help improve trading timing.

www.walterbressert.com/functions.htm

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DTN Acquires Financial Information Management

Data Transmission Network (DTN) has acquired Financial Information Management (FIMI). FIMI is a developer of analytical systems used by futures traders, and marketed as "ProphetX" software. DTN began a partnership with FIMI and its reseller, Technova Research, in 1995. Recently, DTN has executed several initiatives designed to create more comprehensive and cost-effective solutions for professional traders. The merger will benefit many of their joint customers.

www.dtn.com
www.fimi.com

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ZAP Futures Extreme CBOT X-Fund

The Chicago Board of Trade will release its newest X-Fund contract, the Zap Futures Extreme CBOT X-Fund. It is a single-futures contract composed of up to four individual contracts that trade as a single, low-margined futures contract.

Investors benefit from the "portfolio effect" of the contract in a variety of ways. Transaction costs are reduced through favorable commissions and margins. Most important, CBOT X-Fund futures provide a stable trading platform that reduces volatility. You can modify this static contract by utilizing a trading strategy that strips out individual components to optimize performance, and strives to achieve continuous appreciation through dominant components.

www.zapfutures.com

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Track Data Releases Institutional Platform

Track Data Corporation has released proTrack, an execution and market data platform designed for the institutional marketplace. The key feature of proTrack is an unbiased order-routing system. It offers true direct access. proTrack allows users to route trades directly to their desired destination.

Track Data Corporation has also launched Track ECN, an electronic communications network that enables traders to display and match limit orders for stocks. Track ECN will participate in SuperSOES, which is Nasdaq's order routing and execution system for Nasdaq National Market securities. This participation will allow access to Track ECN by customers who are not direct subscribers. Customers adding liquidity -- that is, those who place limit orders that are posted to the Track ECN order book when there is no existing matching order for execution -- will receive a rebate, $5 per thousand shares, upon execution of their posted order. Orders that remove liquidity cost $7 per thousand shares.

www.protrack.com, www.trackecn.com

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