June 2007 TRADE NEWS
News Releases & Products
TradingMarkets
Powerrankings Simplified
FXCM
Tightens Spreads
Downloadable
Interface Is Launched
Future
Flows Releases Scorpio Cycle System 3.0
Euronext.liffe
To Launch Equity Options On NYSE Euronext
Xenomorph
& 4th Story To Streamline Algorithmic Trading
SNL
Launches Full Coverage of Media And Communications
Instant
Messaging Provided To Global Energy Markets
InvestorGuide
Launches Free Business Glossary Online
CQG,
FuturesBoard Offer Users Online Discussion Forum
Chart-Ex
Offers CME Volume Charts
GAIN
Capital Launches New FX Trading Platform
DTN Launches ProphetX 3.3
Dow
Jones News Analytics Software Is Launched
Currency
Software Helps Predict Market Trends
TrendLine
Trader Is Launched
Nirvana
Releases Software Update
Precious
Metals Platform Backed By Physical Metal
Tool
Assists Investors To Profit When Stock Goes Down
Patsystems
Launches Charting In J-Trader Front-End
or return to June 2007 Contents
TRADE NEWS & PRODUCTS
TradingMarkets Powerrankings Simplified
 |
 TradingMarkets
has simplified its PowerRankings, which ranks stocks on a scale of 1-10,
the company said, with the higher the rating, the greater the one-week
historical gain. Two new features -- PowerRatings Heat Maps and Intraday
PowerRatings -- allow traders to see which stocks and sectors are likely
to outperform or underperform the market over the next five days. With
Intraday PowerRatings, traders are updated four times daily to gain an
added intraday edge in their trading decisions.
www.tradingmarkets.com/st2 |
FXCM Tightens Spreads
 |
FXCM
announced that it was now delivering narrower spreads on 13 currency pairs
for its nondealing desk clients.
www.fxcm.com |
Downloadable Interface Is Launched
 |
SogoInvest
has announced its SogoElite, a downloadable rapid order entry and research
interface powered by Genesis Securities' NASDAQ Platinum certified trading
platform, Laser, the company said. SogoElite provides real-time stock charts
and advanced technical analysis tools for different markets and order types.
Traders can place a variety of orders on all major equity networks, including
the OTCBB, and will include options trading indexes in the near future.
SogoInvest launched its $1 per trade trading platform in July 2006.
www.sogoinvest.com |
Future Flows Releases Scorpio Cycle System 3.0
 |
Future
Flows announcd it had released Scorpio Cycle System 3.0 for the TradeStation
platform. An artificial intelligent mechanical trading system for individual
and institutional traders, to generate high-probability trades, it automatically
combines cycle analysis, trend trading, multiple time frames, and technical
analysis indicators. It also contains build-in stops and limits.
www.future-flows.com |
Euronext.liffe To Launch Equity Options On NYSE Euronext
 |
Euronext.liffe
said that options on the shares of NYSE Euronext will be available for
trading on both the Paris and Amsterdam market segments of LIFFE Connect.
Futures and options contracts on NYSE Euronext will also be available on
Bclear. The NYSE Euronext options will expire on the third Friday of the
contract month and will have initial lifetimes ranging from one month to
two years.
NYSE Euronext options will be available for trading on LIFFE Connect via the successful full-screen central market model as used in Amsterdam, Brussels, and Paris. The market model gives investors access to competitive prices throughout the trading day by ensuring a constant display of bid and offer prices, thus improving on-screen liquidity, enhancing the quality of the market and providing added value for customers. www.euronext.com |
Xenomorph & 4th Story To Streamline Algorithmic Trading
 |
Xenomorph
and 4th Story announced that the companies had completed integrating
Xenomorph's TimeScape and 4th Story's product suite to offer a solution
for automated trading strategists. The offering is targeted at hedge funds,
proprietary trading desks, and financial institutions requiring high-speed
access to massive volumes of accurate time series and tick data for backtesting
and operating automated and algorithmic trading strategies.
www.xenomorph.com
|
SNL Launches Full Coverage of Media And Communications
 |
SNL
Financial has launched full-scale coverage of media and communications,
including the telecom, wireless, cable, satellite, broadcasting, entertainment,
publishing, advertising, and new media industries. SNL Media & Communications
becomes the fourth vertical market covered by the Snl information service.
SNL Media & Communications coverage includes more than 260 companies
spread across the sector and provides data and metrics unique to each subindustry.
News is a major focus.
In other news, SNL Financial announced the acquisition of media research and analysis firm Kagan Research. Kagan provides proprietary financial data and forecasting for broadcast TV and radio, cable, satellite, entertainment, wireless communications, and programming sectors. Kagan's services and product offerings include newsletters and reference books, electronic data services, consulting, expert appraisals and live executive forums. www.snl.com
|
Instant Messaging Provided To Global Energy Markets
 |
Reuters
Messaging 6.0 (RM6), the latest version of the Reuters Communication
and Collaboration Services product suite, now features connectivity to
Yahoo! Messenger, the companies said. RM6 increases Reuters exposure to
the energy markets. Traders and analysts will be able to take advantage
of the services designed to improve their trading security, speed, and
efficiency, the companies added.
www.reuters.com |
InvestorGuide Launches Free Business Glossary Online
 |
InvestorGuide.com
announced that it had just launched a free business glossary online, BusinessDictionary.com,
with more than 20,000 definitions.
www.businessdictionary.com |
CQG, FuturesBoard Offer Users Online Discussion Forum
 |
CQG
said it had joined with FuturesBoard to provide an interactive resource
for sharing knowledge and advice about CQG products and services. Traders
and analysts can visit FuturesBoard to access insight on the futures markets.
The website's CQG channel includes tips, help, and information on CQG's
software, along with forums on CQG's strategies and formulas.
www.cqg.com
|
Chart-Ex Offers CME Volume Charts
 |
Chart-Ex
has released its latest version of volume at price charts for select CME
Globex products. This version allows users to view CME's cumulative "volume
at price" data in various time comparison charts for commodities, equities,
foreign currency, and interest rate contracts, with multiple month options.
This data visualization tool of volume distribution allows traders to visually
capture market price dynamics.
https://cme.chart-ex.com/showVolumeCharts.do |
GAIN Capital Launches New FX Trading Platform
 |
Gain
Capital Group said it had launched its next-generation margin trading
platform, ForexTrader for Windows. The platform is free to Gain Capital
clients and can be accessed via Gain Capital, Gain's service for professional
traders, and Forex.com, for self-directed individual investors. There is
a 30-day free trial for nonclients.
www.gaincapital.com |
DTN Launches ProphetX 3.3
 |
DTN
has introduced DTN ProphetX 3.3, the newest version of its popular trading
platform, which includes an integrated order execution capability that
allows users to trade futures contracts within Dtn ProphetX. This version
is designed specifically for futures traders and delivers increased analytical
power, reliability, and ease of use. The platform is available in DTN ProphetX
Commodities Edition, Energy Edition, and Ethanol Edition. Through DTN's
partnership with Trading Technologies, ProphetX 3.3 offers an expanded
option charting function, as well as exchange connectivity, enabling traders
to make trading decisions and then execute trades from one platform.
www.dtn.com |
Dow Jones News Analytics Software Is Launched
 |
Dow
Jones has introduced Dow Jones News Analytics, a web-based software
application that enables hedge funds and banks to build news-oriented quantitative
models for algorithmic trading. The application, developed in partnership
with RavenPack, works with Dow Jones's real-time feed and continuously
updated 20-year news archive. It can present results graphically on a screen
and feed them into a firm's automated trading systems.
www.dj.com
|
Currency Software Helps Predict Market Trends
 |
The new GPS software from forex broker Interbank FX (IBFX), which
stands for graphical pattern scanner and is a free resource for IBFX clients,
helps currency traders predict market trends so they can buy or sell accordingly,
the company said. IBFX-GPS identifies the chart patterns seen in forex
trading. IBFX-GPS identifies which pattern the market is trending toward,
enabling traders to make an educated decision.
www.interbankfx.com |
TrendLine Trader Is Launched
 |
TrendLine
Trader has been released, the company said. The software's concept
is that supply and demand are constantly changing, and tracking them can
give a trader an edge. The software's upper and lower trendlines adjust
at the close of each bar so the trader can see the true bias of the market
at an instant. Once a tradable bias is detected, the software gives a trading
signal, indicating the direction of the trade and the suggested stop. Stops
are automatically trailed and tightened when a predetermined profit level
is reached. TrendLine Trader is available as an add-on to eSignal, TradeStation,
and MultiCharts. For forex traders, TrendLineTraderFX is a stand-alone
charting program with an integrated datafeed. There is a free 30-day trial.
www.trendlinetrader.com |
Nirvana Releases Software Update
 |
Nirvana
Systems announced the release of OmniTrader Professional. The new version
is faster and supports up to 500 symbols in real time. The release includes
integrated brokerage support for MB Trading and Interactive Brokers, plus
new OmniPilot scripts that enable individuals to fully automate trading
strategies with these brokers.
www.omnitrader.com |
Precious Metals Platform Backed By Physical Metal
 |
Five new physically backed exchange-traded commodities (ETCs) will
be listed on the London Stock Exchange (LSE). Platinum, palladium, and
a precious metal basket ETC will be made available to small investors,
ETF Securities said. ETF Securities will make these ETCs available to investors
through brokerage accounts along with silver and gold ETCs. The physical
allocated metal is held by the Custodian HSBC NA, a leading custodian for
ETCs with more than $13 billion of precious metals being held for such
products.
www.etfsecurities.com/msl |
Tool Assists Investors To Profit When Stock Goes Down
 |
Short
Sale Informatics (SSI) is a new tool with its origins in the physics
and engineering sciences that can enhance short-selling, its developer,
Robert R. Kley, said. An advantage of a short sale is that individual overbought
and overvalued stocks go down faster than it took them to go up. The major
challenge in short-selling is picking stocks that have reached their peak
and have a high probability of a substantial downside movement. The SSI
utilizes a signal processing algorithm derived from target-seeking military
guidance systems and uses 10 computer intensive analytic programs to produce
and monitor the visual numeric presentations of each relevant chart.
www.shortsaleinformatics.com |
Patsystems Launches Charting In J-Trader Front-End
 |
Patsystems
said that it has put charting functionality in their J-Trader front-end.
This feature meets a customer demand and addresses issues of trading screen
space faced by end-users wanting multiple trading tools on one screen.
The charting tool has multiple, customizable technical indicators and flexible
representations. It offers backtesting, customizable data and a programming
language. J-Trader provides the functionality expected of a versatile front-end
and provides traders with access to multiple exchanges from a single screen.
www.patsystems.com |
Return to June 2007 Contents
Originally published in the June 2007 issue of Technical Analysis
of STOCKS & COMMODITIES magazine. All rights reserved. © Copyright
2007, Technical Analysis, Inc.