August 2005 TRADE NEWS
News Releases & Products
Dynamic Trend Offers Top-Down Approach To Trading
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TRADE NEWS & PRODUCTS
Dynamic Trend Offers Top-Down Approach To Trading
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Dynamic Trend's new trading product, Dynamic Trend Profile, incorporates
a concept of room sizes, which eliminates the need to select a time frame
to trade in. The best room sizes are dynamically identified based on current
market conditions. Developed by longtime trader Tom Joseph, the system
quickly switches between buy and sell strategies as trend changes are detected.
It supports US stocks, foreign exchange, emini, and other futures markets.
The software is available on a yearly lease.
www.DynamicTrend.com |
eSignal, NYMEX Create Direct-Offer RT Quotes, Charts
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eSignal,
with the New York Mercantile Exchange, announced a new service called NYMEX
Direct. NYMEX Direct offers streaming, real-time quotes from NYMEX using
eSignal's FutureSource Xtra Java application. This allows futures traders
access to quotes from the largest physical commodity exchange in the world.
In other news, eSignal's FutureSource Workstation brings real-time, streaming futures, options, cash, foreign exchange, and equities data direct to active individual, broker, and professional futures traders. Designed on a "building block" concept, customers can take the core feature set and add only the exact content and data components desired. Add-on features available include DDE support, time & sales, foreign exchange data, weather, news and charts. QuoTrek can be added onto any WorkStation subscription. www.esignal.com
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ADVFN Launches NASDAQ TotalView
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ADVFN
has launched Nasdaq TotalView, a Nasdaq market data product that offers
insight into the liquidity of Nasdaq-listed stocks. TotalView will give
users of Advfn a view of market participants' quotes and orders, helping
identify new trading opportunities. TotalView provides greater market transparency,
showing the full depth of the Nasdaq market. TotalView displays firms quoting
at more than one price, multiple times. The costs is $39.99, inclusive
of exchange fees and with no hidden charges.
www.advfn.com |
CyberTrader Takes Traders Beyond BackTesting
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CyberTrader
has unveiled Strategy Center, a suite of technical analysis tools for active
traders that gives them the power to both backtest customized trading strategies
and simultaneously scan the market for stocks meeting those strategies.
It automatically applies trading strategies, filters out the stocks that
meet criteria, and helps free up time to trade. (Read the product review
in this issue on page 58.)
www.cybertrader.com |
Patsystems Launches Suite For Professional Traders, Joins Forces With CME FX
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Patsystems
said that it had two new front-ends, Pro-Mark and IQ-Trader, and an enhanced
version of its current trading platform. Pro-Mark is the front-end for
professional futures traders, and IQ-Trader provides intraday and historical
charting and analytical tools. It supports simple point-and-click order
entry and more complex strategies using automatic entry and exit levels,
trailing stops and other features.
In addition, Patsystems launched an interface that provides its customers access to CME FX on Reuters, allowing banks to trade CME foreign exchange (FX) futures products through the Reuters Dealing 3000 system. The CME FX on the Reuters wire service was launched in March 2005. www.patsystems.com |
Short-Term Trading Software Linked To eSignal Platform
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Stock
Wizard, which develops and distributes software for the eSignal platform,
has released PriceTrax V4.3, a short-term stock trading software based
on support and resistance levels with timing marks denoting the strongest
key price levels. Products range from short-term stock trading software
to a program specializing in forex trading. PriceTrax V4.3 utilizes an
offline scanner that tracks 1,500 of the highest-volume stocks meeting
specific criteria. It is currently available for a free 15-day trial.
www.stkwizard.com |
Technical Analyst Exam Program Recognized By Regulators
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The
Market Technicians Association welcomed the decision of securities
regulators to recognize an alternative examination program for technical
analysts. The Nyse and the Nasd have filed rule changes with the Sec to
recognize the MTA's Chartered Market Technician (CMT) exam as an alternative
to the Analysis Series 86 examination for technical analysts. Technical
analysts are still required to take the Regulatory Series 87 Exam.
www.mta-usa.org |
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