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    FEBRUARY 2001 TRADE NEWS
    News Releases & Products 

    or return to February 2001 Contents




    FOREIGN EXCHANGE ACCESS FOR EXPERIENCE ONLINE INVESTORS

    The largest financial market in the world is opening up to investors who have had little or no competitive access to it. The global foreign exchange market, once dominated by major banks, has grown into a nearly $2 trillion per day vehicle involving thousands of players. 

    The recently founded ZanerFX, a Chicago-based foreign exchange brokerage, is bringing the Internet's speed and convenience to traders who have been poorly represented in the fast-paced world of foreign exchange trading. 

    In developing the concept of ZanerFX, Jim Pugh, director of foreign exchange at ZanerFX, and ZanerFX president Matthew Zaner realized that customer account security was a gaping flaw at many of the new Internet trading firms. ZanerFX deals with only large, well-capitalized trading firms to ensure the best possible security for customers' funds. ZanerFX maintains a higher initial investment level than many of their competitors to help ensure those signing on are serious investors; however, the amount is much lower than the multimillion-dollar amounts usually required by private banking groups and investment houses. 

    The minimum margin level on accounts at ZanerFX is 3% of the US dollar value of the position, a level that allows the investor a reasonable amount of leverage but far short of the 100 times leverage offered by other firms, again, to protect the customer. In addition, the service will connect the customer to a live person instead of to a computer-generated price to allow the customer to get more competitive prices. 

    ZanerFX will also offer larger corporate accounts and professionally managed accounts in phase 2 of their development. 

    A preview of the software investors use to place trades through ZanerX is available at the company's website.

    www.zanerfx.com


    ONLINE TRADING EXPO FEBRUARY 17-20

    The International Online Trading Expo will host a four-day Online Trading Expo in New York February 17-20, 2001. The Expo will include tutorials taught by industry experts on topics such as chart reading and analysis, interpreting Nasdaq Level II quotes, fundamental analysis, determining entry and exit points, tax planning for traders, options and futures trading, high-probability chart pattern setups, and mental discipline. The exhibit hall will showcase trading tools, software programs, hardware systems, advisory services, and the latest in trading technology. 

    The cost is $199 per person and includes access to the tutorial sessions; a bound syllabus of speaker handouts; and social events. The six-hour preconference workshop with John Murphy is limited to 200 attendees at $395 per person and includes lunch. A free exhibit hall pass is available by preregistering at the Expo's website. 

    888 411-EXPO (3976), 
    www.onlinetradingexpo.com


    DIRECT-ACCESS TRADING FOR INVESTORS

    The Terra Nova Investor Series is a free, browser-based trading platform designed for active investors who want real-time data and the power to route their own orders. Terra Nova Trading, LLC, in conjunction with Townsend Analytics, Ltd., developed the software to address customer demand for a simple yet powerful direct-access trading platform. 

    The Investor Series is an intermediate-level solution that will appeal to customers of conventional online brokerage firms. Through the Investor Series, active investors will view real-time prices and route their order from the same screen. Double-click features permit quick order entry, adjustments and cancellations. Live order status helps customers evaluate their fills, and real-time account updates reflect current buying power. 

    The Terra Nova Investor Series operates on the same state-of-the-art technology found in RealTick and is the first browser-based direct-access product to integrate RealTick with Microsoft's ActiveX technology. It also incorporates Archipelago's integrated ECN book, which allows traders to view in real-time form Archipelago, Island, and Redibook ECN orders. 

    To encourage active investors to try direct access, Terra Nova will offer the Investor Series at no charge, with trades starting at a special rate of just $8 for up to two calendar months. 
     

    Terra Nova Trading, LLC

    100 South Wacker Drive, Suite 1550 
    Chicago, IL 60606, 
    800 228-4216 
    fax 312 960-0723 
    info@terranovatrading.com 
    www.terranovatrading.com


    NEW VERSION OF TRADECAST FOR OPTIONS TRADING

    TradeCast has released upgrades to its Elite and Revolution direct-access trading systems. The upgrades include the ability to trade options. The upgraded releases also contain other features, including new research tools and more flexibility to customize the software. 

    Two new research tools have also been added to both the Elite and Revolution software: Comtex and flyonthewall.com. Comtex News Network is a full-service, business-to-business information mediator. Comtex gathers nearly 20,000 stories a day from more than 1,400 diverse global sources, which are then redistributed to the Internet, Wall Street, and corporate reseller markets. 

    Flyonthewall.com provides real-time market information on US equities through a live newsfeed that includes information on Wall Street's recommendations, rumors, analyst meetings, syndicate, IPOs, conferences, and more. It simply reports significant information without the hype. 

    The new 4.0 software can be downloaded from the TradeCast website. 
     

    TradeCast Securities Ltd.

    5555 San Felipe, Suite 575 
    Houston, TX 77056 
    877-627-6700 to order Elite 
    877 626-4466 to order Revolution software 
    onlineinfo@tradecast.com 
    www.tradecast.com


    WORLDWIDE LICENSEE PROGRAM

    Robert Hall Trading Seminars has announced a significant redirection for the company in response to market demand. A worldwide licensee program, essentially a reseller alliance with a network of independent businesses, is to be established that will provide all the company's services to local markets around the world. 

    A pilot licensee program began in September 2000 and within five weeks was fully subscribed. The Robert Hall Licensee Program offers people interested in operating their own profitable independent business the opportunity to earn income. The program provides a complete business model for success that includes promotional, technical, and administrative support, freeing up the licensee to concentrate on marketing seminars, software, and support services to the online stock trader. 
     

    Robert Hall Trading Seminars Inc.

    10451 Allbay Road 
    Sidney, BC V8L 2P2 
    888 428-5444 
    fax 250 656-7813 
    devxx@ibm.net 
    www.rhtradingseminars.com


    INO.COM LAUNCHES UNIQUE POFTFOLIO SERVICE FOR TRADERS

    Personal portfolios displaying quotes and charts across a wide range of instruments -- from futures and options, to stocks, bonds, market indexes, mutual funds and foreign exchange -- are now available on Ino.com. 

    The Ino Portfolio service was created by David Maher, Ino.com's technical director, who has been creating Internet applications since 1993. The portfolios are free with no registration requirements. All that is required to establish a personal portfolio on the Ino site is a valid e-mail address. A single Ino portfolio can contain a maximum of 32 entries. The Ino Portfolio service is available at quotes.ino.com/portfolio. 
     

    INO.com

    Discovery Village 
    Shady Side, MD 20764 
    800 538-7424 
    410 867-7424 
    fax 410-867-4203 
    www.ino.com 


    NEW CLUSTER INDICATORS

    Ward Systems Group has released Cluster Indicators that learn to recognize profitable buy/sell signals. Cluster Indicators work in a manner similar to how the human brain might classify the market based on historical clusters of successful buy/sell signals. 

    Suppose you have two good indicators, and you make a scatterplot of several months' worth of recent bars of these indicators. Now, suppose the indicators are good, as defined by the fact that their patterns foretell an uptrend or a downtrend in the price. The bars that precede an uptrend look somewhat similar. Those that precede a downtrend look similar too. In other words, the buy bars cluster together and the sell bars cluster together. Cluster Indicators tell you how far the current bar is from the cluster center of the recent "buy" bars or "sell" bars. The genetic algorithm optimizer in NeuroShell Trader Pro or DayTrader Pro finds the cluster centers that optimize the profit. 
     

    Ward Systems Group, Inc.

    Executive Park West 
    5 Hillcrest Drive 
    Frederick, MD 21703 
    301 662-7950 
    fax 301 663-9920 
    sales@wardsystems.com 
    www.neuroshell.com


    PROFITUNITY IN FLORIDA

    Bill Williams, PhD, CTA, of Profitunity Trading Group, announced the opening of a second Profitunity Trading Group office in Miami, FL. The Texas office will remain home base for Bill and Ellen Williams. After January 2, 2001, the Florida office phone number will be 305 278-8705.
     
    Profitunity Trading Group

    2300 Pilgrim Estates Drive 
    Texas City, TX 77590 
    409 945-8880 
    fax 409 945-8887 
    ptg@profitunity.com, 
    http://www.Profitunity.com


    COMPARISON OF FUTURES TRADING SYSTEMS

    Trade Center has launched a new futures trading system analysis report, SystemTrac. This detailed report allows investors who use a mathematical- or software-driven futures trading system to compare dozens of systems in a standardized manner. 

    Trade Center applied the same performance-reporting standards used by mutual funds, investment advisors, and hedge funds to futures trading systems. Since 1994, Trade Center has been evaluating and trading futures trading systems and found a distinct gap in the industry when it came to unbiased and consistent performance information for trading systems. Up to now, each system vendor presented performance information in any format they chose. With SystemTrac, an investor can compare performance statistics, side by side, in one easy-to-follow report. 
     

    Trade Center, Inc.

    105 Crescent Bay Drive, Suite B 
    Laguna Beach, CA 92651 
    800 894-8194 (US/Canada) 
    949 376-2800 (local/int'l) 
    fax 949 376-2812 
    www.tradecenterinc.com


    FREE TRADES

    Investscape has launched a promotion to give active traders an affordable way to test-drive its system. For a limited time, new customers can experience Investscape's Total Trading Solution first-hand by taking advantage of the company's exclusive 500 free trades offer. Traders will receive one free trade for every paid trade made within six months of opening an account, up to 500 free trades. 

    By offering traders access to both real-time information and real-time order execution simultaneously, Investscape's Total Trading Solution gives customers the unique opportunity to optimize their execution price by eliminating the traditional middleman. Investscape's Total Trading Solution is powered by the latest version of RealTick and offers a wide variety of features, including real-time direct-order execution, real-time Nasdaq Level II market maker activity, streaming news, alerts, analysis tools, tracking systems, real-time account information, and customized market maker tickers. 
     

    Investscape

    7001 Orchard Lake Road, Suite 130 
    West Bloomfield, MI 48322 
    248 855-6866 
    www.investscape.net. 
    Additional offices are located in Chicago and Tel-Aviv


    CUSTOM TRADING SOLUTIONS FOR CQG FOR WINDOWS

    Custom Trading Solutions offers custom tools for use in CQG for Windows, including the turning point oscillator -- a very low-lag momentum indicator with smoothing characteristics. It comes with eight logical conditions that can be used for alerts and bar coloring. Pivot points for CQG allows users to see the intraday support and resistance levels that floor traders use. 

    The three major algorithms for calculating the daily pivot are included. CycleTools for CQG is a comprehensive set of indicators partly based on the work of John Ehlers. It includes indicators for measuring the dominant cycle of the market, the instantaneous trendline, and the cosine indicator. All custom trading solutions products are provided on a timed-license basis, and include free support for the duration of the license. 
     

    Custom Trading Solutions

    5930 S. Logan Ct. 
    Littleton, CO 80121 
    877 414-3388 
    303 730-3388 
    fax 303 730-3389 
    sales@customtradingsolutions.com 
    www.customtradingsolutions.com


    Return to February 2001 Contents
    Technical Analysis, Inc.

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