CoolTrade Announces API Integration With Interactive Brokers for Toronto Exchange Trading

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CoolTrade Announces API Integration with Interactive Brokers to Offer Automated / Robotic Stock Trading for the Toronto Stock Exchange (TSX). CoolTrade extends its reach into Canada by enabling robotic trading for stocks listed on the Toronto Stock Exchange (TSX).

CoolTrade Inc.

"If people drove cars they way they trade the stock market, they would crash everyday!" Ed Barsano

CoolTrade Announces API Integration with Interactive Brokers to Offer Automated/Robotic Stock Trading for the Toronto Stock Exchange (TSX)

November 24, 2010. CoolTrade today announced the API integration between its popular robotic stock trading platform and the Interactive Brokers order fulfillment environment for trading of CoolTrade-generated orders on the Toronto Stock Exchange.

The direct connection between the CoolTrade platform and Interactive Brokers allows CoolTrade to optimize the company’s presence in Canada. The Toronto Stock Exchange (TSX) is the largest stock exchange in Canada and the eighth largest in the world based on market capitalizaton.    

The popularity of the CoolTrade software has increased significantly worldwide, as increasingly more investors rely less on professional fund managers and explore more self-directed, rules-based trading opportunities. CoolTrade CEO Ed Barsano said, “It’s amazing—so many of our newer subscribers who suffered fifty percent losses in their portfolios in recent years have contacted me to express how they wish they had been running a CoolTrade robotic trader at the time. It truly is the future of online trading.”

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COOLTRADE, Inc. is the premier provider of automated stock trading technology with its groundbreaking point-and-click robotic trading system. Designed to simplify, automate, and eliminate human error in the strategy-development and stock trading processes, CoolTrade’s automated solution has achieved popular appeal with its Profit Protection, Profit Maximization, Real-time Simulation, and Stealth Mode features.

Headquartered in Scottsdale, Arizona, the company was founded in 2004 by former Microsoft software design engineer, Ed Barsano. COOLTRADE currently has subscribers in over 40 countries trading through Interactive Brokers, Inc., ETRADE, FXCM, MB Trading, OptionsHouse, OptionsXpress, and TD AMERITRADE.


Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, options, futures, foreign exchange instruments, bonds, and funds as a member of more than 80 electronic exchanges and trading venues around the world. The company provides professional traders and investors with electronic access to stocks, options, futures, forex, bonds and funds. Employing proprietary software on electronic exchanges worldwide, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.

Source: Interactive Brokers Group, Inc.

COOLTRADE, INC., ETRADE, FXCM, Interactive Brokers, MB Trading, OptionsHouse, OptionsXpress, and TD AMERITRADE, INC., are separate, unaffiliated companies and not responsible for each other’s services and products.


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Julie Wojo
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