July 2003 TRADE NEWS
News Releases & Products

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TRADE NEWS & PRODUCTS

CBOT, FutureSource Launch Real-Time Quote Service

  The Chicago Board of Trade (CBOT) has launched CBOT Advantage, a real-time streaming quotes, charts, news, and weather solution offered on the CBOT website, designed and developed by FutureSource. CBOT Advantage replaces the exchange's previous real-time data offering and includes streaming real-time CBOT quotes covering all available products on the exchange.

Real-time streaming Interactive Java Charting, real-time OsterDowJones Commodity News, and real-time weather offerings from Global Weather Services are also available.

CBOT Advantage is available in a simple quotes-only display package and a fully featured quotes, charts, news and weather package including workspace management. The quotes-only package is $30/month, Advantage Plus is $85/month.

www.cbot.com, www.futuresource.com/cbot

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New Version Of EchoPoint Trading Software Is Released

Echotrade has released the latest version of its trading software, EchoPoint 2003, which focuses on identifying high-probability scalping opportunities throughout the trading day. EchoPoint was updated to support the Echo Trading Methodology, a trading philosophy developed through the seven years of trading experiences of Echotrade's partners. Previously, EchoPoint concentrated on short-term position trades, but the new version of the software provides technical points on NYSE-listed stocks with a price over $30 and a daily average volume of two million shares. New features include analysis of more than 100 charts each evening, displays of the prior day's highs and lows, and pivot points of the current Standard & Poor's 500 futures contract, real-time monitoring of the distance between EchoPoint stocks and futures points and their current price, with alerts and ranking of those stocks that are approaching the defined trade setups, and more.

www.echotradeonline.com

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DTN Releases OsterDowJones Newswires

 DTN Market Access has introduced six additional premium news services to subscribers of ProphetX, DTN's professional analytical trading system. The new services are ODJ FinancialFutures, ODJ MetalsWire, ODJ TraderWire, ODJ AgriWire, ODJ CommodityWire, and ODJ EnergyFutures. These will be added to the existing ODJ Overview that DTN has marketed for years.

www.dtnmarketaccess.com
 
 
 
 
 

www.osterdowjones.com

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 ING, AOL Time Warner Blend Education And Entertainment

 The Ing US Financial Services has announced the introduction of its new "Ing MoneyMentor.com," a site where individuals can access learning segments that are leading edge, yet easy to use and understand. The interactive segments are themed around personal financial issues, but delivered with style and personality. This tool is live and now available free of charge.

 Ing chose AOL Time Warner to incorporate editorial and entertainment content and talent from the AOL Time Warner portfolio of properties to bring "edutainment" to financial services.

www.ing.com
 
 

www.aoltw.com

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TradeStation Announces Update

TradeStation Group has released TradeStation 7.1, the first quarterly update to its trading platform launched earlier this year. TradeStation 7.1 now has direct order-execution connectivity to the CME, OneChicago, and NYMEX via CME's Globex system, and to the CBOT via CBOT's a/c/e system.

In addition, futures brokerage clients and subscribers will receive streaming, real-time CME and CBOT market data and full bid/ask market depth via direct lines with both exchanges. The update also offers several other features and enhancements that should increase the interest that both institutional and active trader prospects and existing clients will have in the trading platform.

www.tradestation.com/TradeStation_7/whatsnew_ts7-1.shtm

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DaytradeTeam Offers Instant Messenger For Trading Signals

DaytradeTeam, a subscription service specializing in trading signals for active equity traders, is offering instant messenger technology to deliver real-time trade signals to subscribers. Through this system, subscribers can communicate one-on-one with their traders instantly throughout the trading day, eliminating the delays involved with e-mail signals and the confusion associated with chat rooms.

Because DaytradeTeam's services are focused on one trade at a time and provide both entry and exit signals, unrestricted communication ensures that subscribers can learn from the subscription experience throughout each trade.

DaytradeTeam offers a free trial on all services, with monthly subscription rates between $145 and $295.

www.DaytradeTeam.com

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May Financial Corporation Launches XPRT

May Financial Corp. has announcd the release of XPRT, a new equity securities trading system. Institutional investors are the target of the new system.

XPRT, or "eXtensible Programmable Real-time Trading," is a trading package that combines streaming data, news, real-time qualitative and quantitative filtering, charts, and alerts with the ability to direct, route, and manage equity orders. It is a single system that can provide the ability to implement or automate a quant-driven system.

XPRT enables you to filter and rank the entire market in real-time, using personal criteria to instantly locate stocks, establish alerts, design quote pages, create baskets of special interest stocks, analyze stocks within tick, intraday, daily, weekly, and monthly data charts, search news headlines and stories, access stock descriptions, and automate the investment process from research and analysis.

www.MayFinancial.com

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Gain Capital And eSignal Join Forces For Online Forex Trading

Gain Capital, a registered FCM provider of foreign exchange services, and eSignal, a provider of streaming, real-time financial market data and support tools, has unveiled an integrated forex trading solution.

The offering allows foreign exchange traders to monitor market activity, identify trading opportunities, and execute trades from a single platform. This provides eSignal users with Gain's real-time, streaming forex rates.

eSignal users with a Gain Capital trading account can execute trades directly from eSignal's market data and charting system, send market orders directly to Gain's trading platform, and confirm trades directly within eSignal. This eliminates the need to toggle back and forth between eSignal and Gain's trading platform.

www.gaincapital.com
www.esignal.com

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Trader's Edge Offers Premium Selling Program

Trader's Edge is offering its Options Premium Selling Program, designed to capitalize on the high probability that a certain category of out-of-the-money options will eventually expire worthless.

Selling these specific options could gain an advantage for the trader, the company said. The advantage of selling options is that the investor has the ability to profit from time decay. As expiration gets closer, the value of an out-of-the-money option tends to diminish when volatility remains constant and the underlying market does not move adversely. If the option expires out-of-the-money, it is worthless, and the seller keeps the premium.

Selling out-of-the-money options allows the investor to profit from sideways markets, trending markets, and occasionally, even when the underlying market moves against the seller's position.

www.atradersedge.com

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