Month 2006 TRADE NEWS
News Releases & Products
NEUROSHELL ADD-ON IS INTRODUCED
or return to March 2006 Contents
TRADE NEWS & PRODUCTS
NEUROSHELL ADD-ON IS INTRODUCED
 |
Ward Systems Group has announced the release of the Pattern Matcher add-on
for its NeuroShell Trader software. Ward Systems said that the add-on determined
whether data patterns had occurred before in history, and if so, what kind
of activity occurred afterward. The company added that Pattern Matcher
users would also be able to be alerted if a similar pattern occurred in
the future.
www.neuroshell.com |
LEHMAN BROS. ACQUIRES TOWNSEND ANALYTICS
 |
Lehman
Brothers announced that it had acquired Townsend Analytics. Lehman said
that the acquisition underscored the company's commitment to provide leading-edge
execution management systems to institutional clients. The success of Townsend
Analytics and its leading product, RealTick, has been predicated on its
ability to provide a global, multibroker, multiasset, client-facing trading
platform, Lehman said.
www.taltrade.com
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SMALL-CAP FINANCIAL EXPO IN MIAMI, MARCH 8-9
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The ValueRich Financial Expo will be held on March 8-9, 2006, at the Hotel
InterContinental in Miami, FL. Small-cap public company CEOs, CFOs, investment
bankers, money managers, institutional and private investors, venture capitalist,
attorneys, and accountants will meet to network and build business. Register
online.
https://www.valuerichonline.com/expo |
BIOCOMP RELEASES SOFTWARE WITH SWARM TECHNOLOGY
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BioComp Systems said that it had released BioComp Dakota, financial markets
software that uses Swarm Technology to create trading signals for a range
of securities. Swarm uses tradebots that adaptively seek trading system
parameters that yield higher-equity performance. The Dakota software is
designed for ease of use, BioComp said, enabling the user to create a swarm
for a security in as few as four mouse-clicks. Dakota comes with a variety
of tradebots and enables the user to create his or her own, the company
added.
www.biocompsystems.com |
ONLINE BROKERAGE IS LAUNCHED
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TradeKing said it has unveiled its next generation of web-based brokerage
services, with a flat fee of $4.95 for both equity and option trades, plus
65 cents per contract for options. All TradeKing customers pay the same
fee, regardless of trading volume or assets. The company said its customers
would be able to trade and manage a full suite of investments, including
stocks, traditional options, mutual funds, exchange traded funds, bonds,
and Treasuries. The platform is complemented by a comprehensive set of
information tools.
www.tradeking.com |
ADVFN PROVIDES JAPANESE MARKET DATA
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ADVFN has announced that it is now providing users with free Japanese market
data from three Japanese exchanges. Retail investors can now obtain quotes
and view streaming intraday and historical charts for stocks and indexes
on the Tokyo Stock Exchange, the Fukuoka Stock Exchange, and the Sapporo
Stock Exchange - the latter an exchange specializing in small- to mid-cap
companies. ADVFN is providing full Level 1 data including bid, offer, highs,
lows, and current prices along with traded volumes. Investors can watch
their stocks and indexes on their monitor pages, add them into their portfolios
alongside their other investments, and set up email alerts.
www.advfn.com |
COESFX PLATFORM ADDS FOREX TRADING FEATURES
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Coesfx said it had added features to its trading platform, increasing control
and ease of use for retail and institutional forex traders. These features
allow investors to manage their forex and spot commodity trades, the company
said. The if-then orders allow users to enter an order to open a position
as well as assign an order to close the position. The new one-click execution
feature allows users to fill trade orders in milliseconds by clicking the
bid or offer button, Coesfx added.
www.coesfx.com |
NYBOT LAUNCHES FINEX EURO INDEX FUTURES, OPTIONS CONTACTS
|
The New York Board of Trade (NYBOT) said it has introduced Finex Euro Currency
Index futures and options index contracts. The euro is one side of 37%
of all foreign exchange transactions and second only to the US dollar in
international use as a reserve currency, NYBOT said, adding that the Finex
Euro Index represents a geometric average that tracks the value of the
euro against a basket of five major world currencies: US dollar, British
pound, Japanese yen, Swiss franc, and Swedish krona.
www.nybot.com
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GOLDMONEY ENABLES SILVER BULLION PURCHASE ONLINE
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GoldMoney.com said that investors who want to purchase silver online can
now buy and sell physical silver bullion online in the same four currencies
available to customers already transacting in gold - US dollar, Canadian
dollar, euro, and British pound. Purchases using US or Canadian dollars
can be automatically deducted from a customer's bank account. Silver storage
costs are waived through March 2006. Normal storage cost - less than 1%
per year - apply beginning April 1.
www.goldmoney.com |
LATEST VERSION OF PATTERN SEARCH SOFTWARE IS RELEASED
| Tradingpatterns.com
has released version 4.9 of APS Automatic Pattern Search. The new version
has a function for generating a list of open positions of the trading systems
saved in APS System Tracking and includes a profitability calculator tool,
as well as other enhancements and minor bug fixes, the company said. Tradingpatterns.com
added that technical traders can use APS to develop and analyze stock,
futures and forex trading systems based on price patterns, and that the
advanced functions of APS are fully automated and no programming is required.
The company went on to state that the user can create trading systems using
the discovered price patterns and the program can tracks the trading signals
generated by them. APS can generate code automatically for implementing
price patterns it discovers in other programs such as MetaStock, TradeStation,
Wealth-Lab, and TeleChart.
https://www.tradingpatterns.com |
TRADEWEB GOES LIVE WITH SWAPS, CREDIT DERIVATIVES
ONLINE MARKET
|
TradeWeb announced it had gone live with its new dealer-to-customer online
marketplace for US dollar-denominated interest rate swaps. TradeWeb has
built a rate swaps marketplace that provides derivatives professionals
with swaps market data, electronic multidealer auctions, and straight-through
processing.
In other news, TradeWeb said it had launched its TradeWeb CDs, a credit default swap indexes multidealer-to-customer online marketplace. TradeWeb CDs offers institutional investors the ability to request quotes electronically from multiple dealers and move through the whole trade cycle, from trade execution to confirmation, simultaneously. The risk inherent in negotiation and settlement is eliminated by TradeWeb's Swaptracker, which enables users to execute and track trades in real-time without cumbersome paperwork. Through Swaptracker, users can process assignments and unwind trades in real-time. www.tradeweb.com |
Originally published in the March 2006 issue of Technical Analysis
of STOCKS & COMMODITIES magazine.
All rights reserved. © Copyright 2006, Technical Analysis,
Inc.