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December TRADE NEWS
News Releases
& Products:
 Prizes in trading competition
New Web site launch
Free demo of AI models
New release of charting program
Neural net software upgrade
ComStock on the Net
Math companion software
Algorithm spreadsheet add-in
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Simulated futures trading competition awards cash prizes
 FYI -- TradeComp International announces its seventh simulated futures trading competition. TradeComp is a full-service simulated brokerage firm for trader training and testing.
The entry fee for Competition VII is $350, with a 10% discount offered to past participants. The competition commences on January 6, 1997, and concludes March 31, 1997. The entry deadline is December 31, 1996.
The contest provides a stage for traders to pit their trading skills against fellow traders worldwide for cash awards and industry recognition, while testing and improving their trading methodologies in a real-time market scenario without risking real capital. Entrants place trades at the TradeComp order desk via toll-free numbers and receive statements with ranking. Trades are executed in real time.
TradeComp International
2107 Summer St., Suite 136
Stamford, CT 06905
Phone: 800 357-3198 or 203 348-8031. Fax: 203 324-6546
Internet: http:// http://tribeca.ios.com/~tradecmp/
Longtime software developer launches Web site
FYI -- Mendelsohn Enterprises, a provider of intermarket analysis and neural network software for the financial futures markets, has launched a Web site. The site offers articles written by software developer Lou Mendelsohn and offers products for sale, including Mendelsohn's VantagePoint and ProfitTaker software.
ProfitTaker is a futures trading system that performs historical simulation and system back-testing on single markets. VantagePoint produces intermarket forecasts based on intermarket analysis of 10 related markets and neural nets.
Mendelsohn Enterprises Inc.
25941 Apple Blossom Lane
Wesley Chapel, FL 33544
Phone: 800 732-5407 or 813 973-0496. Fax: 813 973-2700
E-mail: Mendelsohn@ ProfitTaker.com
Internet: http://www. ProfitTaker.com/
Free demo of artificial intelligence-based timing models offered over Internet
NEW -- TITAN Trading Analytics offers a free demo of its artificial intelligence-based OEX timing models over the Internet. The timing models, which utilize neural network indicators, give end-of-day market timing indications for short-term position traders trading index options and S&P 500 futures.
An archive of historical performance of the indicators is available at the site, along with a daily update and market commentary. Traders can assess the service at no cost.
TITAN is a software developer and an Omega Solutions Provider specializing in the application of artificial intelligence technologies to stock index trading.
Here's a sample chart of TITAN's daily stock index timing indicators. A free demo of the service is available over the Internet.
TITAN Trading Analytics Inc.
201 Selby Street
Nanaimo, B.C., Canada, V9R 2R2
Phone: 250 751-8502 Fax: 250 754-2356
E-mail: jaustin@island.net
Internet: http://www.titantrading.com/
New version of charting and volume analysis program released
UPGRADE -- Stocks Blocks has released Insider TA Pro version 3.0, a major upgrade from version 2.10, which was released in October 1995. Insider TA Pro incorporates various user-requested enhancements.
Insider TA Pro analyzes the user's portfolio. It includes box charting and volume analysis features, which display buy and sell points. Its interactive viewport allows the user to magnify, stretch, compress and scroll graphics for closer inspection. It also includes onscreen help and automated tour guides.
Insider TA Pro also adds several features to its stock forecasting abilities, including the ability to read MetaStock and TC2000 data directly without requiring any data exporting, and the ability to scan an entire database to search for particular criteria set by the user.
Insider TA Pro costs $129 plus $6.95 shipping and handling. An 8,500-stock database on compact disc is available with 30 days of free updates for an additional $20. The program works in Windows 3.1, Windows 95 or OS/2.
Stocks Blocks, Inc.
Northgate Plaza, Suite 1172, 89 Auburn St.
Portland, ME 04103
Phone: 800 697-1617. Fax: 860 464-1168
E-mail: InsiderTA@stockblocks.com
Internet: http://www.stockblocks.com/
America Online: InsiderTA (keyword "Stock Blocks")
New version of neural network software released
UPGRADE -- California Scientific Software has released BrainMaker/32 Professional, a 32-bit, Windows 95-compatible version of its artificial intelligence-based software.
BrainMaker/32 includes sample neural networks to show the user how to construct a variety of applications. No programming knowledge is required to use BrainMaker. The software can interface with spreadsheets, databases and word processing programs for faster data preparation.
BrainMaker Professional costs $795. Current users can upgrade for $250.
California Scientific Software
10024 Newtown Rd.
Nevada City, CA 95959
Phone: 800 284-8112, 916 478-9040. Fax: 916 478-9041
Internet: http://www.calsci.com/.
Financial information provider launches Internet service
NEW -- Standard & Poor's ComStock has launched ComStock on the Net, an Internet-based real-time stock quote and financial information service. ComStock on the Net provides continuously updated data for active traders who require news, analytics and data services as well as quotes over the Internet.
The basic service package includes five Standard & Poor's services in the monthly fee, which begins at $175. The services include Standard & Poor's News; Platt's Commodities News; Standard & Poor's MarketScope, which provides company profiles; Standard & Poor's Fundamental Data; and MMS Global Highlights, with commentary on global markets.
Data available through the basic package for ComStock on the Net includes quotes on 256,000 stocks, options, commodities and indices and market information. Data is in real time and is continuously updated. The service features customizable quote pages, tickers, snap quotes, alarms, scrolling news, charting, options chains and dynamic data exchange with spreadsheets.
ComStock
600 Mamaroneck Ave., 5th floor
Harrison, NY 10528-1624
Phone: 914 381-7000. Fax: 914 381-7021
Internet: http://www.SPComStock.com
Mathematical companion software tool helps price equities
NEW -- The data analysis products division of MathSoft has released S+GARCH, a companion toolkit to its S-Plus data analysis software that can help financial quantitative analysts accurately price financial instruments and estimate risks.
S+GARCH (generalized autoregressive conditional heteroskedasticity) tool is mutivariate as well as univariate; that is, it can model and predict the volatilities and correlations of two or more financial instruments (or time series) at a time.
S+GARCH for UNIX platforms is available through MathSoft for $4,995, which includes one year of free technical support. The Windows version carries a list price of $1,995. S+GARCH requires S-Plus, MathSoft's data analysis tool.
MathSoft, Inc.
Suite 500, 1700 Westlake Avenue N.
Seattle, WA 98109-3044
Phone: 206 283-8802. Fax: 206 283-6310
S-PLUS sales: 800 569-0123
Internet: http://www.mathsoft.com
Genetic algorithm spreadsheet add-in solves optimization problems
FYI -- Ward Systems Group has released GeneHunter, a genetic algorithm tool for spreadsheet users.
Genetic algorithms are useful in helping to find solutions for optimization problems, such as balancing portfolios; creating stock-picking rules and optimal trading strategies; or for scheduling manufacturing operations, for example.
Genetic algorithms begin with several potential solutions to a problem. The algorithm selects two parent solutions and then takes parts of each parent to create an entirely new solution. This new solution is tested to see how well it solves the specific problem. The evolutionary process continues until an optimal solution is found.
GeneHunter works as an Excel add-in for nonprogrammers. It's compatible with 32-bit Excel versions (Excel 5 for NT or Excel 7 for Windows 95) or the 16-bit version of Excel for Windows 3.1.
The price is $369, which includes free technical support.
Ward Systems Group Inc.
Executive Park West, 5 Hillcrest Drive
Frederick, MD 21703
Phone: 301 662-7950. Fax: 301 662-5666
E-mail: WardSystems@msn.com
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