June 2011

TRADESTATION GROUP AGREES TO BE ACQUIRED BY MONEX GROUP, MORE

www.TradeStation.com


www.monexgroup.jp/en


www.tradestation.com/forex

TradeStation Group and Monex Group have agreed for a subsidiary of Monex to acquire all the outstanding common stock of TradeStation for $9.75 per share, or approximately $411 million in aggregate, through a cash tender offer followed by a merger. According to the terms of the agreement, the parties expect the transaction to close early in the 2011 third quarter.

In other news, TradeStation has launched TradeStation 9.0, which will empower customers and developers to automate and test strategies in the equities, options, futures and forex markets Traders will be able to automatically monitor market depth and be alerted, or even place a trade, the moment the trader’s rule or trigger is met. Traders now may also have TradeStation monitor their open positions and continuously perform risk assessments, so that, in a fast market downturn or upturn, the appropriate action will automatically be executed. Version 9.0 includes dozens of other popular enhancements. The company plans to provide continuous updates over the next few months to provide these new features.

The company also announced its new subsidiary, TradeStation Forex, a Cftc-registered, Nfa-member retail foreign exchange dealer (Rfed), a state-of-the-art retail forex offering. TradeStation Forex uses the agency broker model for retail forex. It will own and operate the company’s forex business for all existing and new customer accounts. This new offering will feature a screen interface for traders to place forex orders, the ability to design, backtest, optimize, and automate custom-designed and third-party forex trading strategies and ideas, along with the functionality of TradeStation’s market scanning engine.

TradeStation is an online brokerage firm and trading platform, a leader in the active trader market. TradeStation won in its categories for trading system (stocks), trading system (futures), institutional platform, professional platform, online analytical platform, and real-time data in Stocks & Commodities’ Readers’ Choice Awards.

TradeStation offers electronic order placement and execution and enables clients to scan the markets and design, test, optimize, monitor and automate their own custom equities, options, futures, and forex trading strategies.

OANDA BUILDS BRIDGE TO METATRADER 4

www.oanda.com

Oanda Corp. now offers its competitive advantages to traders who use MetaTrader 4 (MT4). When they set up an Oanda trading account or demo account, MT4 traders can continue to use their favorite MT4 tools and benefit from Oanda’s spreads, fxTrade execution, and business model. Oanda has licensed MetaTrader’s electronic trading platform with automated trading capabilities to be used with Oanda spreads. The Oanda fxTrade platform bridges directly to MetaTrader using their technology, which helps keep costs low for traders because there are no third-party fees to link the fxTrade trading engine with the MT4 user interface.

MARC CHAIKIN OFFERS FREE IPHONE APP

www.chaikinpowertools.com

Marc Chaikin has launched Chaikin Power Tools, a free iPhone app that can give all investors access to investment decision-making tools previously available only to Wall Street professionals. Chaikin Power Tools distills diverse and complex financial information on any of 5,000 stocks into intuitive green (bullish) and red (bearish) displays, making critical stock market data easy to understand. The centerpiece of Chaikin Power Tools is the Chaikin Power Gauge rating, an unbiased, proprietary, 20-factor model that analyzes complex data based on financial metrics, earnings performance, expert opinions and price/volume activity, and distills it into a concise, intuitive display. Investors can execute stock trades from the app through their mobile brokerage partner, optionsXpress.

CQG PARTNERS WITH JAPANESE, RUSSIANS FOR ROUTING, LICENSING

www.cqg.com


www.commodity.co.jp/english/


www.alor.ru

Cqg has entered into an order routing service broker contract with Dot Commodity, Japan’s largest online commodity futures broker. This agreement will allow Dot clients to place orders directly to overseas commodity markets as well as Japanese domestic commodity markets, including the Tokyo Commodity Exchange (Tocom) and the Tokyo Grain Exchange (Tge) by direct market access through the Cqg Trader and Cqg Integrated Client trading platforms.

In other news, Cqg has signed a software licensing agreement with Alor, making Cqg’s trading front ends available to Alor’s customers throughout Russia. Through the partnership, Alor customers gain access to Cqg’s trading platforms. Cqg Integrated Client combines order routing functionality, consolidated global market data, and decision-making tools in one application. Cqg Trader is an execution platform for traders who do not require charting and analytics.

NEW METATRADER 5 TERMINAL FOR IPHONE

www.metatrader5.com

MetaQuotes Software Corp. announced that it had released a new version of the MetaTrader 5 mobile terminal for the Apple iPhone. The new iPhone provides mobile traders with the possibility to track price dynamics in real-time mode. The MetaTrader 5 mobile terminal now supports full-fledged charts for all financial instruments that are available for smartphones and tablet PCs. In addition to the current quote, traders can see previous values as well, facilitating more accurate and faster trading decisions with the help of up-to-date price analysis. Quotes are shown as a sequence of bars, candlesticks, or a line. The MetaTrader 5 iPhone supports minute as well as daily time frames, enabling traders to assess the influence of various market trends. A total of 2,000 to 4,000 bars can be shown on a chart, which is equal to five to 10 years of price history.

DOW INDEXES, UBS ADD COMMODITY INDEXES

www.djindexes.com

Dow Jones indexes are adding eight commodity subindexes to the Dow Jones-Ubs Commodity Index family that measure an opportunity set, excluding commodities such as agriculture, livestock, or grains. Also launching are indexes that exclude the other major commodity sectors within the broad index: industrial metals, precious metals, soft commodities, petroleum products, and agriculture/livestock. In addition, the DJ-Ubsci series consists of the Dow Jones-Ubs Commodity Index making up 19 commodities; the eight previously existing subindexes; and 28 single commodity subindexes.

NEW BOLLINGER BANDS DVD NOW AVAILABLE

www.BollingerBands.com

Bollinger on Bollinger Bands 2011 features more than nine hours of material taped at a two-day seminar in Los Angeles. The DVD set has trader and analyst John Bollinger’s latest work, including new indicators that have never been taught elsewhere, the company said. Bollinger bands can be applied in all the financial markets. The theme for the seminar was “Bollinger Bands: The Past, The Present and The Future.”

VANTAGEPOINT EXPANDS COVERAGE TO CANADA, UNITED KINGDOM

www.tradertech.com

Market Technologies announced that its market trend forecasting software, VantagePoint, now covers the benchmark indexes on the Toronto Stock Exchange and London Stock Exchange and has expanded VantagePoint’s coverage of the US markets with the addition of two new exchange traded funds (Etf) categories that are devoted to currencies and commodities. The new Etf categories, the addition of the Canadian and United Kingdom indexes, extend the international reach of VantagePoint.

APEXFUTURES NOW OFFERING TWO TRADING PLATFORMS

https://apexfutures.com


https://www.ninjatrader.com

ApexFutures announced that it was now offering two futures trading platforms, ApexTrader and NinjaTrader with Cqg datafeed. ApexTrader is a free trading platform offering high-speed execution and quotes, one-click order placement on Dom, advanced orders such as Oco, multilegged brackets, trailing stops, icebergs, and more. NinjaTrader’s advanced trading software offers fully automated trading, one-click trading and advanced trade management, advanced charting with trading capabilities, and professional-grade datafeed.