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3DStockCharts Now Free.


Business Editors

SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.--(BUSINESS WIRE)--June 1, 2004

3DStockCharts.com announced today that it now offers real-time, streaming, full-book stock market data for free on its website at www.3DStockCharts.com. The company integrates stock trading data from all of the major ECNs into a single integrated, real-time feed, showing all bids and asks for any given stock at any given moment in colorful 3-dimensional graphs. Previously, access to the full features of the site required a paid subscription.

The company's signature chart is a live, three-dimensional chart showing all bids and asks for a stock, with price and volume, updated every two seconds, showing changes over time. In essence, the entire activity in a stock -- before it trades -- can be viewed on a single screen. Stock traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 use 3DStockCharts for gauging buy and sell pressure and momentum, watching the effect of minute-by-minute news on a stock, and (especially after-hours) taking advantage of arbitrage arbitrage: see foreign exchange.
arbitrage

Business operation involving the purchase of foreign currency, gold, financial securities, or commodities in one market and their almost simultaneous sale in another market, in order to profit from price
 opportunities between ECNs. Longer-horizon investors use 3DStockCharts for timing their moves into and out of the market, squeezing the most profit out of each trade.

The data delivered by 3DStockCharts is unique, the company claims. While similar to NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Level 2 data, the 3DStockCharts data includes ALL orders, not just those of the market makers. "It is a much more complete picture of the buying and selling pressure on a stock," says William Urschel, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It is more complete data than most brokers have. And of course now it's free, which makes it even better." The site pays for itself through advertising revenues, Urschel said.

3DstockCharts began aggregating and broadcasting real-time, streaming data Data that is structured and processed in a continuous flow, such as digital audio and video. See streaming audio and streaming video.  from the various electronic stock exchanges in 1999. It has over 30,000 registered users, who spend an average of 70 minutes on the site. The company also licenses data feeds and charts to other websites.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 1, 2004
Words:305
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