February 2003 TRADE NEWS
News Releases & ProductsRealTick Introduces Features to Mitigate Risk, Offer Flexibility
Townsend Analytics Deploys Smart Alerts Using New SQL 2000
TradeScan Launches Real-Time Trading Alert
DTN Market Access Enters Sales Alliance With CMS WebView
Offering Combines Streaming Market Data And Trading Software
AbleSys Offers Automatic Order Execution Interface
OneChicago Lists More Single Stock Futures
Wealth-Lab Releases New Add-ins
Trading Tutoror return to February 2003 Contents
TRADE NEWS & PRODUCTS
RealTick Introduces Features to Mitigate Risk, Offer Flexibility
RealTick Introduces Features to Mitigate Risk, Offer Flexibility The RealTick trading platform has introduced features that minimize the possibility of mistakes made using electronic trading. The new safeguards support suitability rules, which restrict traders from executing an order when violating set rules. Rules can be placed on transaction size, cost, frequency, price range, and portfolio balancing.
Among other new innovations in RealTick, which is owned by Townsend Analytics, is a risk-mitigating feature. The introduction of staged orders provides an additional safety net.
www.taltrade.com
Townsend Analytics Deploys Smart Alerts Using New SQL 2000
Townsend Analytics Deploys Smart Alerts Using New SQL 2000 Townsend Analytics announced an alert system for its Hottrend stock scanner developed using Microsoft's SQL 2000 Server-based Notification Services technology. Built to combat information overload, Hottrend monitors the US exchanges and displays unusually behaving securities by means of a multivariate model that compares real-time activity to historical behavior. The Hottrend list is updated each minute.
www.taltrade.com, www.microsoft.com
TradeScan Launches Real-Time Trading Alert
TradeScan Launches Real-Time Trading Alert Kingsbury Financial Management has launched TradeScan 5.3, a real-time trading alert software service. TradeScan introduces new functions such as the addition of client side filtering by price and volume. Users can also filter each individual alert window by price, volume, symbol, and exchange. Version 5.3 has additional display options for colors, fonts, and alert scrolling.
www.TradersParadise.com
DTN Market Access Enters Sales Alliance With CMS WebView
DTN Market Access Enters Sales Alliance With CMS WebView DTN Market Access and Cms WebView have announced a sales alliance in which CMS will market and support ProphetX, DTN's professional real-time market data display and analysis product, in Europe. The overall package combines DTN's price display and charting software with the company's proprietary feed of real-time market data, news, and weather. In the first phase, CMS WebView's focus will be on clients in the financial and commodity futures and options markets.
www.cms.co.uk
Offering Combines Streaming Market Data And Trading Software
Offering Combines Streaming Market Data And Trading Software Rolfe and Nolan Systems and DTN Market Access announced a joint offering that combines streaming market data with Internet-based order management and trading platform. The product integrates DTN's Java-based, real-time, streaming market quotes, news, and charting functionality into Rolfe and Nolan's trading software, Ranorder. The product enables Ranorder customers to provide their retail client base with real-time streaming market and analytic information in support of their trading decisions. Subsequent releases will enable end-users to create and enter orders directly from DTN quote fields and charting screens.
www.dtnmarketaccess.com
AbleSys Offers Automatic Order Execution Interface
AbleSys Offers Automatic Order Execution Interface AbleSys Corp. has begun supplying an automatic order execution interface that connects its eAscTrend 6.0 with Interactive Brokers (IB). The interface transfers a customer's buy and sell signals generated by eAscTrend to the customer's IB account. For institutional users, the software is available in the professional configuration allowing fully automatic order execution. For individual traders, the interface is available as an option in a semiautomatic configuration that requires only one click to send the order to IB.
www.ablesys.com
www.interactivebrokers.com
OneChicago Lists More Single Stock Futures
OneChicago Lists More Single Stock Futures OneChicago, LLC, said it was offering 18 more futures contracts on single stocks as of mid-December 2002. The new contracts are in addition to the futures on single stocks and the diamonds exchange traded fund that was previously announced. These latest contracts were scheduled to begin with the January 2003 contract as the front month.
All products are physically settled at expiration, electronically traded on the CBOEdirect match engine and accessible through the CBOEdirect and Globex platforms. All security futures can be traded out of either a securities or a futures account.
www.OneChicago.com
Wealth-Lab Releases New Add-ins
Wealth-Lab Releases New Add-ins Wealth-Lab has released two add-ins for Developer 2.1, its trading system development and back-testing platform. Index-Lab can create breadth indicators such as advance/decline line and McClellan oscillator, or aggregate indicators such as relative strength index (RSI) or moving average convergence/divergence (MACD). Index-Lab creates symbols you can use in your trading system rules. Neuro-Lab can build neural networks trained to predict future profit based on historical price action (intraday or end of day). After you've trained and evaluated the network, you can create a custom indicator based on it, and use the indicator in any of your trading systems.
www.Wealth-Lab.com
Trading Tutor
Trading Tutor Natural Order Educators operates as a commodity trading advisory service. Established in 1989, the company teaches proprietary methods for trading stock index futures, currencies, and commodities to a worldwide clientele. As a trader with more than 25 years' experience, Stephen Cox, owner of Natural Order Educators, formulates strategies according to detailed market analysis.
Natural Order Educators offers training in two ways: a nine-week distance course with trainers (who are often former students), or by personal tutorial with Cox at his home in Las Vegas.
Natural Order Educators also plans to offer futures fund management with a low-risk philosophy.
Cox was recently selected for inclusion in International Who's Who of Professionals.
www.the1percentclub.com
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