April 2006 TRADE NEWS
News Releases & ProductsADVANCED GET 9.1 IS RELEASED
INTERACTIVE DATA ACQUIRES QUOTE.COM
DTN OFFERS NEW EDITIONS OF PROPHETX
CQG CONNECTS TRADERS TO MONTREAL EXCHANGE
TRADE CENTER OFFERS NEW MANAGED FUTURES INFORMATION SITE
TRADEKING LAUNCHES PROBABILITY CALCULATOR
AMERITRADE, TD WATERHOUSE COMPLETE ACQUISITION
NFA LAUNCHES FOREX ONLINE LEARNING PROGRAM
CBOT, NYBOT AGREE TO HOST FINANCIAL CONTRACTS
NYBOT AND MCX INDIA AGREE TO COOPERATE
CBOE ALLIES WITH HEADGESTREET
REAL-TIME SHORT SQUEEZE ALERT TOOL IS LAUNCHED
OPTIONVUE TEAMS WITH PIT VETERAN FOR MENTORING
HEDGING SEMINARS TO BE HELD IN HOUSTON IN MAY AND OCTOBER
AAPTA CONFERENCE HELD IN ORLANDO
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TRADE NEWS & PRODUCTS
ADVANCED GET 9.1 IS RELEASED
eSignal released Advanced Get End-of-Day 9.1, which enhances the capabilities of making decisions by taking automatically identifying trade types. The all-new dashboard can monitor up to 80 charts in one window and alert investors when trade types are identified. eSignal will provide coaching, support, and a training package for those buying or upgrading to version 9.1. www.advancedget.com
INTERACTIVE DATA ACQUIRES QUOTE.COM
Interactive Data said it had agreed to acquire Quote.com and related assets from Lycos for $30 million. The acquisition is subject to customary closing conditions including governmental approvals. Upon completion of the transaction, the assets of Quote.com will operate as part of Interactive Data's eSignal division. www.interactivedata.com
DTN OFFERS NEW EDITIONS OF PROPHETX
DTN said that ProphetX, a professional trading tool, provides utility customers such as American Electric Power (AEP) access to real-time market information, electric and utility industry news, and weather updates. In addition, DTN has introduced the ProphetX Commodities and Active Trader editions. Commodities has a variety of productivity features, analytics, and performance enhancements. It allows the user to link information by dragging and dropping it into an Excel spreadsheet or within the ProphetX client itself for up-close monitoring, charting history, and details.
Active Trader offers access to all US and Canadian stock exchanges and forex data. Stock market scans include real-time, most actives, and percent and dollar gainers/losers to assist users in staying up-to-date on active stocks.
www.dtn.com
CQG CONNECTS TRADERS TO MONTREAL EXCHANGE
CQG now allows traders to execute orders on the Montréal Exchange, the firm said. Traders can place orders using CQG Integrated Client, CQGTrader, and WebTrader. CQG's order execution gateway uses the Fix protocol to connect to the exchange's electronic trading engine. Montréal is the latest exchange available for order routing with CQG. www.cqg.com
TRADE CENTER OFFERS NEW MANAGED FUTURES INFORMATION SITE
Trade Center has launched an easy to navigate, no-cost website that allows investors to get information and rankings of Commodity Trading Advisors (CTAS), the company said. Users can see reports on more than 600 CTAS. www.tradecenterinc.com
TRADEKING LAUNCHES PROBABILITY CALCULATOR
TradeKing now offers a probability calculator, allowing equity investors and options traders to access an online stock trading calculator that draws on options trading to gauge the probability of future share price movements, the firm said. Using real-time option pricing data and a bell-curve distribution, the calculator calculates the likelihood of a stock or index moving above or below a chosen target price at a future date. www.tradeking.com
AMERITRADE, TD WATERHOUSE COMPLETE ACQUISITION
Ameritrade has completed its acquisition of TD Waterhouse Group, creating the TD Ameritrade Holding Corp., the merged company announced. www.amtd.com
NFA LAUNCHES FOREX ONLINE LEARNING PROGRAM
National Futures Association (NFA) said it had developed an online learning program for those who want to learn about the retail off-exchange foreign currency markets. You can access the program through the Investor Learning Center section of NFA's website. The interactive, self-directed program consists of six modules explaining how retail forex contracts are traded, the risks inherent in forex trading, and the steps to take before opening a forex account. The program also contains a series of quizzes to help reinforce basic concepts. www.nfa.futures.org
CBOT, NYBOT AGREE TO HOST FINANCIAL CONTRACTS
The Chicago Board of Trade (CBOT) and the New York Board of Trade (NYBOT) announced both entities have executed a nonbinding letter of intent to host NYBOT's financial products on CBOT's electronic trading platform, powered by Atos Euronext Market Solutions (AEMS) flagship product Liffe Connect. www.cbot.com
NYBOT AND MCX INDIA AGREE TO COOPERATE
The New York Board of Trade (NYBOT) and the Multi Commodity Exchange of India (MCX) agreed to explore areas of cooperation that could mutually benefit both exchanges. The Mumbai-based Mcx and the NYBOT texchanges have agreed to work together to develop areas of cooperation and business opportunities with the goal of assisting and benefiting the underlying producers, end-users, and investors of these products, by maximizing the application of international best practices for price risk management and exchange operations. www.nybot.com
CBOE ALLIES WITH HEADGESTREET
Chicago Board Options Exchange (CBOE) and HedgeStreet have entered into a strategic alliance for the joint development of new products, sharing of technology services, and marketing and support of HedgeStreet's innovative binary options and futures products. Under the agreement, CBOE and HedgeStreet will collaborate on retail distribution of their contracts via joint marketing initiatives and share certain technologies and hosting facilities to achieve cost and distribution synergies. www.cboe.com
REAL-TIME SHORT SQUEEZE ALERT TOOL IS LAUNCHED
Buyins.net said it was now offering a real-time short squeeze alert tool, tracking all short sale time/sale activity in 15,000 US stocks. Its SqueezeTrigger Alert service alerts investors which stocks have short squeezes. The database calculates the price at which the total short interest is short in each stock. www.buyins.net
OPTIONVUE TEAMS WITH PIT VETERAN FOR MENTORING
OptionVue Systems and Sheridan Mentoring have formed a partnership to provide personalized mentoring services to options traders. Sheridan Mentoring, founded by CBOE pit veteran Dan Sheridan, is a three-month program designed to help individual traders develop and achieve a personal trading plan. The program includes 90-day access to OptionVue's options analysis software and data services. www.optionvue.com/Education_Sheridan.aspx
HEDGING SEMINARS TO BE HELD IN HOUSTON IN MAY AND OCTOBER
Houston Energy in Texas will be holding hedging seminars on May 9-10 and October 10-11. These are classes for beginners and more experienced hedgers, taught by industry experts. The key instructor will be veteran energy advisor Cynthia Kase, as well as Dennis Janowski on the over-the-counter market and Isda agreements, George Motroni of the NYMEX on the futures market and using ClearPort, and Jiro Okochi on credit risk and Fas 133. www.kaseco.com/classes/register/register_choice.htm
AAPTA CONFERENCE HELD IN ORLANDO ON APRIL 20-23
The American Association of Professional Technical Analysts (AAPTA) will hold its second annual conference April 20-23 at the Caribe Royale Resort, in Orlando, FL. A welcoming reception the first night will be followed by two days of technical analysis presentations and breakout sessions. Contact Dsteckler@aol.com. www.aapta.us
Return to April 2006 Contents Originally published in the April 2006 issue of Technical Analysis of STOCKS & COMMODITIES magazine.
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