May 2003 TRADE NEWS
News Releases & ProductsMB Trading Offers Options and Futures Trading
Las Vegas Money Show: may 13-15
TriggerNews Provides Low-Cost Real-Time News
TradeStation Group Launches TradeStation 7, new website
Hartle Prospect Oscillator as Add-on Now Available
Peregrine Financial Announces CTA Challenge
DataView Launches HotScans Analysis
Prophet Financial Systems Introduces JavaCharts with Fibonacci Studies
Nasdaq Liffe Markets Launches Online Security Futures Courses
REFCO Enhances FX PRIME Brokerage Services
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TRADE NEWS & PRODUCTS
MB Trading Offers Options and Futures Trading
MB Trading is now offering options trading as well as futures trading. One of its affiliates, MB Trading Futures, will make four index futures available: E-mini Nasdaq 100, E-mini S&P Index, Fortune E-50, and the Russell 2000 Index. These trades can be executed from the MBT Navigator platform. This functionality is available both in the stand-alone Navigator as well as the company's integrated platforms with the industry's data and analysis companies. Pricing plans are on a per-share or per-ticket basis, combined with the free Level II quotes and CME Montage. MB Trading also announced its customers no longer need multiple accounts at different firms to diversify their portfolios and trade multiple instruments. Balances, positions, and order activity for each instrument are displayed on one page.
www.mbtrading.com
Las Vegas Money Show: May 13-15
The 15th annual Las Vegas Money Show will be held on May 13-15 at Bally's and Paris resorts, focusing on investing online. Sampling of topics include how to hedge your portfolio, essential options trading and stock selection strategies, fundamental vs. technical analysis of stocks, everything you need to know about direct access trading, market timing and sector rotation, and more. www.moneyshow.com
TriggerNews Provides Low-Cost Real-Time News
TriggerNews, an automatic low-cost monthly subscription service, instantly delivers targeted real-time news to subscribers based on their own user-defined triggers. Triggers can be company names, stock symbols and/or any keywords or phrases of the user's choosing. Users can be informed of breaking news the moment it happens. Providers include but are not limited to the Associated Press, PR Newswire, BusinessWire, etc., USGS (for earthquake alerts), Vickers Stock Research, Department of Defense, and more. www.triggernews.com
TradeStation Group Launches TradeStation 7, new website
TradeStation Group has launched TradeStation 7. TradeStation Securities will offer this latest version to its equities and futures brokerage clients, and TradeStation Technologies will offer it as a real-time research and analysis subscription service. The platform's new futures order execution capabilities includes seamless automated order placement and execution of custom futures trading strategies. In other news, TradeStation Securities launched www.TradeStation.com. The new website was created as part of the launch of TradeStation 7. The site provides information about how the TradeStation 7 electronic trading platform should appeal to institutional traders and other professionals who trade for a living, as well as active nonprofessional individual traders.
www.TradeStation.com/TradeStation7
Hartle Prospect Oscillator As Add-on Now Available
Thom Hartle, former Editor of Technical Analysis of STOCKS & COMMODITIES and now contributing editor for Active Trader magazine, is offering at his website a trial version of his proprietary indicator, the Hartle Prospect Oscillator (HPO) as an add-on. The HPO is available for traders using CQG, Fibonacci Trader, MetaStock, and TradeStation. The trial version does not provide information for the current bars. The licensed version cost is $299 and comes with two Adobe .pdf manuals. www.thomhartle.com
Peregrine Financial Announces CTA Challenge
Peregrine Financial Group (PFG) is sponsoring a contest for emerging Commodity Trading Advisors (CTAs). The competition, CTA Challenge '03, was created by the PFG/TSI Alliance as part of their CTA development objective. For the purposes of this competition, emerging CTAs is defined as those with less than $1 million under management. The contest runs through autumn. CTAs will trade their own strategies during that time. The winner will receive a $1,000,000 allocation from institutional investors selected. www.pfgbest.com
DataView Launches HotScans Analysis
DataView has released an intraday scanning tool called HotScans, which provides active traders with the ability to filter the market for stocks that are moving. HotScans is a web-based tool that allows a scan of the market throughout the day in real time to find strong stocks, weak stocks, and heavily traded stocks. It has a Trading Strategies section that gives predefined scans designed to make getting started easier. Any scan or strategy can be customized. The product sells for $74.95 a month; a one-month trial is $24.95. Annual subscription and multiple user discounts are available. www.marketgauge.com
Prophet Financial Systems Introduces JavaCharts With Fibonacci Studies
Prophet Financial Systems has launched Prophet JavaCharts with Fibonacci studies, its new web-based interactive charts. With just a browser, active traders and online investors can dynamically apply Fibonacci retracement levels, arcs, fans, and time zone studies to historical, intraday, and live, streaming charts. The new Fibonacci tools add advanced analytic capabilities for traders who use the technical analysis of charts and market data for understanding and predicting market moves. The new charts are available at the Prophet technical analysis website. www.prophet.net
Nasdaq LIFFE Offers Trading On Russell ETF Futures
Nasdaq LIFFE Markets announced an exchange-sponsored interactive online securities futures education program. The first course, available immediately and at no cost, introduces security futures. Topics covered include contract specifications; trading mechanics; pricing; margins; and hedging. Courses will be added throughout the year with topics such as trading strategies, market structure, and tax treatment. www.nqlx.com
REFCO Enhances FX PRIME Brokerage Services
Refco Group Ltd. announced it has enhanced its foreign exchange prime-brokerage product offering with an online trading platform. FX Clear is an advanced electronic FX prime-brokerage trading platform with Refco's advanced solutions in clearing and credit support and is a prime-brokerage gateway that provides institutional and professional foreign exchange traders with global access to enhanced, interbank trading sources. FX Clear allows clients to deal directly with a variety of counterparties while maintaining a single source for clearing. www.refco.com
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