Track Data Corporation Selects Trade-Ideas’ Idea Generation Technology to Advance its NewsWatch Service
Track Data Corporation (NASDAQ: TRAC) today announced that its NewsWatch service now includes Trade-Ideas, the premier tool for idea generation technology and real-time analytics of the markets, as part of its roster of content providers.
Brooklyn, NY (PRWEB) August 22, 2006 -- Track Data Corporation (NASDAQ: TRAC) today announced that its NewsWatch service now includes Trade-Ideas, the premier tool for idea generation technology and real-time analytics of the markets, as part of its roster of content providers.
“NewsWatch is news filtering software for traders’ desktops. One of the ways we distinguish NewsWatch from other products is to offer unique news sources and analytic tools. Trade-Ideas is a terrific analytic tool for traders. NewsWatch clients can now receive alerts from pre-configured strategies, specifically designed for them, that look for statistically unusual movement across an array of technical indicators,” said Marty Kaye, Chief Operating Officer of Track Data.
Some of the technical indicators produced by Trade-Ideas include unusual Relative Volume and Volatility; Moving Average Crossovers and Breakouts; False Gap Retracements; and Strong Momentum.
“Trade-Ideas' analysis positions NewsWatch clients for breaking news, stock rallies, or approaching support and resistance levels in real-time. It serves as valuable color commentary to the market’s activity and a useful addition to their existing toolbox,” said David Aferiat, Managing Partner of Trade Ideas LLC.
Trade-Ideas provides access to detailed information on more then 10,000 stocks, ETFs, indices, and future contracts on all the North American exchanges. For a free demonstration of Trade-Ideas.
Company information
Track Data Corporation
Track Data is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.
For professional traders and individual investors, Track Data’s NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.
For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers as an execution platform.
The Company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks. Track ECN offers subscribers a Rebate Model, which offers the highest published rebate in the industry and a Free Model, which offers no access fees to market participants who access its liquidity through Nasdaq's SuperMontage. Because of its no access fee, the Free Model is offered in Nasdaq's first tier with market makers, providing subscribers with fast executions. Track ECN offers subscribers anonymous executions and speed.
For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.
Trade Ideas, LLC
As a pure pattern recognition tool, Trade-Ideas’ focus is on providing next level analytics and decision support via its browser-based or downloadable platform. Via Trade-Ideas clients customize an inventory of alerts and filters to produce a unique view of the markets: theirs.
Recent reviews from Barron’s, HedgeWorld, Active Trader, Stock & Commodities magazine, stock newsletters, and leading brokers describe the service as an accurate, discriminating alert provider that is flexible, simple to deploy, and easy to use. A free limited demo is offered for evaluation purposes. Subscriptions are cancelable at any time, and require no payment information to get started. For additional product information visit: http://www.trade-ideas.com.
Copyright © 2006 Trade Ideas, LLC. All Rights Reserved.
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