January 2007 TRADE NEWS
News Releases & Products
Online Investing Community, Data Service is Launched
ADVFN
Launches Free Pink Sheets Stock Market Data
Interactive
Brokers Introduces Penny-Priced Options
Isolate
Stocks Beginning Bullish or Bearish Trend
Professional
Market Scanning Service is Free
CQG
Expands NYMEX Trading
THOM
Hartle's BLOG & FLOW
or return to January 2007 Contents
ICLUBcentral has launched StockCentral, a new online community dedicated
to investor education, discussion, data, and analysis. Membership provides
users with features designed to help them succeed in the stock market.
Members can discuss individual stocks and investing techniques in the ticker-based
community forums, upload analyses, and download studies from fellow members.
Tech support will also be conducting educational webinars and workshops.
StockCentral also offers a high-quality financial datafeed.
www.stockcentral.com |
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Advfn is providing more financial information on its retail investor website.
Pink Sheets, the US electronic quotation service that gathers and publishes
market makers' bid and ask quotation prices for the over-the-counter securities
markets, is free on Advfn alongside existing market data including foreign
exchange, commodities, futures, and options; and prices from countless
global exchanges. Pink Sheets users can request quotes on stocks and view
full Level 1 data including bid, ask, highs, lows, and current prices along
with traded volumes. Retail investors can also access news, financials
and intraday and historical charts for Pink Sheets stocks and add these
securities to watch lists and portfolios alongside their other investments.
www.advfn.com |
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Interactive Brokers has cut the minimum price tick it accepts on orders
for US listed options from a nickel to a penny ($5/contract to $1/contract).
The Securities and Exchange Commission mandated a penny pilot program beginning
on January 27, 2007, in which the six US options exchanges will have to
reduce the minimum price change from five cents to a penny for options
listed on 13 underlying stocks. In a first for the US options industry,
Interactive Brokers made order entry in pennies available on all option
orders as of October 24, 2006.
www.interactivebrokers.com |
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Alpha Advisor Service said it helps traders compare and select stocks based
on momentum and price movement, determining the trend. The company's analytic
utilizes a weighted alpha factor adjusted for price persistence and volatility
using proprietary formulas and software, it added. Compound trading rules
take into consideration short-term trend analysis. Alpha Advisor Service
has a 30-day free trial, the company said.
www.alpha-advisor.com/promo.htm |
|
Genesis Securities said it had acquired ScanTheMarket.com, a market scanning
technology. Previously, Genesis in July 2006 launched SogoInvest.com, which
offers trades at a commission of $1 per trade and offers free trading tools
to the professional investor. ScanTheMarket.com is now free to SogoInvest
customers with funded accounts. ScanTheMarket.com offers stock traders
the ability to identify profit opportunities before the majority of others
do and then have an option to trade the stocks via Genesis Securities.
www.scanthemarket.com |
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Cqg said it now offers Nymex's full range of products, providing traders
the opportunity to trade electronic energy contracts on Cme Globex. Using
Cqg, traders can route orders to Nymex for crude oil, heating oil, unleaded
gasoline, Rbob gasoline, natural gas, propane, platinum, and palladium.
Cqg also provides trading for full-sized, financially settled energy futures,
miNY contracts, and intercommodity spreads.
www.cqg.com |
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Thom Hartle, former Stocks & Commodities editor and now Cqg director
of marketing, is publishing his own daily blog called “Hartle & Flow.”
Each day he writes about the equity markets using analytical tools including
Cqg's TradeFlow for electronically traded futures contracts.
www.hartleandflow.com |
Return to January 2007 Contents
Originally published in the January 2007 issue of Technical Analysis
of STOCKS & COMMODITIES magazine.
All rights reserved. © Copyright 2006, Technical Analysis,
Inc.