December 2006 TRADE NEWS
News Releases & Products
Intercontinental Exchange Acquires NYBOT
2007 Charles H. Dow Award
Signal Debuts New Quote.com
Schonfeld, Lightspeed to Merge Retail Trading Operations
BrokersXpress Introduces Separately Managed Accounts
ISE Launches Enhanced Sentiment Data Tool
NinjaTrader Partners with GAIN
Cantor Fitzgerald, DTN Agree on Distribution
AOS Expands Real-Time Options Trading Capabilities
or return to December 2006 Contents
TRADE NEWS & PRODUCTS
Intercontinental Exchange Acquires NYBOT
 |
IntercontinentalExchange (ICE) announced it had entered into a merger agreement
to acquire the New York Board of Trade (NYBOT), the world's leading soft
commodity exchange, for approximately $1 billion. The transaction will
consist of 10.297 million shares of Ice common stock and $400 million in
cash. ICE maintains and develops its technology, which has been tailored
for commodity markets.
www.theice.com |
2007 CHARLES H. DOW AWARD
 |
The Market Technicians Association (MTA) invites technical analysts to
submit a paper for the 2007 Charles H. Dow Award for excellence and creativity
in technical analysis. The last day to submit papers is Wednesday, February
28, 2007. The winner will be selected on or before May 1, 2007. The winning
author will receive a cash prize of $2,000 and be invited to discuss the
paper at a national MTA seminar or at a monthly meeting of an MTA regional
chapter. The paper or a summary may be published in the MTA's Journal
Of Technical Analysis, the MTA newsletter Technically Speaking,
and the MTA website. For rules and guidelines: DowAward@mta.org
www.mta.org |
Signal Debuts New Quote.com
 |
eSignal announced the relaunch of its free financial website Quote.com,
which it acquired from Lycos in spring 2006. The redesigned site is a web-based
global financial portal that provides free access to delayed worldwide
quotes, charts, and financial news covering major markets and more than
51 exchanges. Market coverage includes a range of global futures, options,
and foreign exchange data. Quote.com also provides intraday advanced charting
with capabilities that include multiple studies, such as moving averages,
Bollinger Bands, Fibonacci, and other new features.
www.eSignal.com |
Schonfeld, Lightspeed to Merge Retail Trading Operations
|
Schonfeld Group and Lightspeed Holdings have agreed to merge retail trading
operations into one of the largest companies dedicated to the professional
trader. Schonfeld Group's retail trading entity will combine with Lightspeed
Professional Trading, which acquired the active trading business of E*Trade
Professional Trading and ETP Technologies from E*Trade Financial in July
2006.
www.schonfeld.com
|
BrokersXpress Introduces Separately Managed Accounts
 |
BrokersXpress, a subsidiary of optionsXpress Holdings, has added separately
managed account (SMA) capabilities to its online brokerage platform. The
SMA platform, provided by US Fiduciary, offers brokersXpress Investment
Advisor Representatives and Registered Independent Advisors flexibility
and a range of investment choices in a single portfolio.
www.optionsxpress.com |
ISE Launches Enhanced Sentiment Data Tool
|
International Securities Exchange has launched ISEE Select, a customized
sentiment data offering. Through an intuitive browser application, Isee
Select enables subscribers to identify investor sentiment for individual
securities or select industry sectors. ISEE Select is an enhancement of
the ISEE Sentiment Index and enables subscribers to evaluate the market
outlook by scanning the market for extreme sentiment values among ISE traded
listings. The ISEE Select sentiment calculation includes only opening long
ISE customer transactions.
www.isestock.com |
NinjaTrader Partners with GAIN
 |
Gain Capital Group and NinjaTrader have partnered to provide foreign exchange
traders with automated trading services via NinjaTrader's platform. Gain
Capital will provide real-time forex pricing and execution services for
all forex trades carried out on the NinjaTrader platform. The NinjaTrader
platform is available free of charge to professional users at Gain and
to self-directed retail traders at Forex.com, the retail division of Gain
Capital. NinjaTrader's regular subscription fee is $50 per month.
www.ninjatrader.com |
Cantor Fitzgerald, DTN Agree on Distribution
|
Cantor Market Data announced a distribution agreement with DTN that will
offer several Cantor Market Data products via DTN ProphetX for the commodity,
energy, and financial futures trading markets. Through DTN ProphetX, users
can subscribe to Cantor Market Data real-time premium products, including
US Treasuries and US dollar interest rate swaps, as well as Cantor Eye,
providing real-time pricing.
www.cantor.com, www.dtn.com |
AOS Expands Real-Time Options Trading Capabilities
| Online
options broker AOS, Inc., has released its next generation of web-based
trading to provide clients more information and control for setting up,
executing, and managing stock and option orders. AOS' new Quick-Step Order
Entry has minimized keystrokes and mouse-clicks required for setting up,
validating, and placing trades. Quote and order entry pages are dynamically
linked to automatically populate order pages with the client's desired
trade. The new Auto-Validation feature reviews orders prior to execution
and flags impossible trades or account violations.
www.aosbroker.com |
Return to December 2006 Contents
Originally published in the December 2006 issue of Technical Analysis
of STOCKS & COMMODITIES magazine.
All rights reserved. © Copyright 2006, Technical Analysis,
Inc.