TRADE NEWS & PRODUCTS
Jigsaw Trading said it had completed its suite of tape reading and order book analysis tools, adding that showing the orders executed alongside the limit orders in the book gave perspective on the trade flow and the ability of market orders to consume liquidity.
Additional information: www.jigsawtrading.com
TradeStation has released Portfolio Maestro, an analysis and trading platform that enables traders to evaluate strategies for multiple symbols simultaneously. Portfolio Maestro provides portfolio-level performance reporting, risk assessment, and optimization for a varied combination of symbols and strategies. Portfolio Maestro’s reports provide an analysis of the portfolio from multiple perspectives.
In other news, Interbank FX, which was recently acquired by TradeStation, has reintroduced IBFXConnect, which allows customers to trade forex around the globe. IBFXConnect enables two-way communication between a customer’s trading account and his or her IBFXConnect profile. Anyone can join IBFXConnect; no fee is required.
Additional information: www.TradeStation.com, www.ibfxconnect.com
TradingView offers users European stock data, US futures, and a watchlist capability for tracking users’ symbols, with symbol-linking, sorting and symbol drag-and-drop to provide an overview of market activity. Other updates include a category that shows members’ predictions, and up to 45 technical analysis indicators. TradingView’s chart-sharing trading platform supplies free stock charts using data from the BATS exchange and forex charts so traders can share ideas. Its charts can illustrate trends, targets, support, and resistance in real time.
Additional information: www.tradingview.com
A new open interface in the Equilla programming language now permits different forms of data transfer in Tradesignal, the developer announced. With this open API the user can exchange data with external programs such as Microsoft Excel and now automatically send complex orders from trading strategies to current order systems. Fully automatic order routing is possible with this open interface, and alarm functions have been improved.
Additional information: www.tradesignal.com
Members-only community website Fx Addicts has introduced a weeklong seven-and-a-half hour class that details step-by-step procedures to learn about scalp trading. Classes, which meet once a day, are taught in English, Portuguese, and Spanish. The course teaches how to use market price action for small profits. Highlights include looking at the markets in a one-minute time frame, trend and probabilities, profit & loss expectations, chart patterns and key reversals, and more. In addition, Fx Addicts has now opened Fx Addicts Brasil.
Additional information: www.fxaddicts.com
Recognia has announced a turnkey educational platform, its Education On-Demand (EOD) platform. Investors value education yet may not be satisfied with their broker’s offering, and as a solution, Recognia created EOD. The first module delivers educational content produced by technical analysis expert Martin J. Pring in the format of video lectures, self-evaluations, text tutorials, and glossaries. Lightspeed Trading will be the first broker to offer EOD and provide one of the education modules, technical analysis, free of charge to its clients. The technical analysis education module will feature beginner, intermediate, and advanced content designed to increase self-directed investor knowledge.
Additional information: www.recognia.com
Transaction Network Services (TNS) has expanded its global exchange network by adding CME Group, which is composed of CME, CBOT, NYMEX, and COMEX, all under the agreement with TNS. This allows TNS users to access Dow Jones indexes. Traded instruments within CME Group include agriculture, metals, credit, energy, equity index, forex, and interest rates are all key areas for TNS’ customers.
Additional information: www.CME.com, www.tnsi.com
To help investors protect the gains in their equity portfolio against market volatility, TradingBlock now offers Portfolio Hedger, a query-based tool that lets investors create and rank protection strategies for nearly any stock or exchange traded fund (ETF) in their portfolios. Investors can select stocks or ETFs in their portfolio or watchlist and specify the protection they want based on two criteria: downside risk and when they want the protection. The tool then returns five or more “collar” protection strategies ranked by the overall cost of the protection or the amount of upside potential the investor can retain as long as the protection is maintained. Investors can also graph the projected profit/loss of the protected position to see how the combined position may perform as market conditions change.
Additional information: www.tradingblock.com
Russell Investments said it had launched the Russell High Dividend Yield ETF (HDIV) and Russell Small Cap High Dividend Yield ETF (DIVS) on the NYSE ARCA. They are yield-focused products that seek to deliver more predictable returns than the currently lower-yielding fixed-income products. They seek to track the market capitalization-weighted Russell US Large Cap High Dividend Yield and Russell US Small Cap High Dividend Yield Indexes, respectively. The new ETFs concentrate on companies with an ability to pay a higher dividend yield, exhibit sustained dividend growth, and deliver earnings stability. The quality characteristics of each company are evaluated by financial strength, positive cash flow, return on equity and analyst forecasts for earnings growth.
Additional information: www.russell.com