A.B. Watley's Direct Access Brokerage Product Named an 'Editor's Choice' by Technology Investor Magazine Review.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--April 27, 2000 Highly rated product for combination of Ease-of-Use, Commissions and Customization A.B. Watley Group Inc. (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 : ABWG) premier provider of online and Institutional trading services through its brokerage firm A.B. Watley, Inc. (www.abwatley.com), announced today that its UltimateTrader FREE product was selected as an "Editor's Choice" in the latest review of Direct Access Trading Direct access trading is a technology which allows stock traders to trade directly with market makers or specialists, rather than trading through stock brokers.[1] software in Technology Investor Magazine. "We are always pleased when our services are highly rated, especially by a quality publication like Technology Investor. They tested all of the leading services and the rating is another example of our continued industry recognition as the prime mover in direct access trading," said Robert Malin, President of A.B. Watley, Inc. ABOUT A.B. WATLEY GROUP INC. A.B. Watley Group Inc. is the parent Company of A.B. Watley, Inc., a multifaceted, technological and service-oriented brokerage firm offering two proprietary online trading systems, UltimateTrader(R)and WatleyTrader(tm), that provide realtime data feed and instantaneous execution for the most active segment of the online trading community An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members. . The A.B. Watley, Inc. Institutional Sales and Trading Division specializes in the execution of complex and sensitive large-block equity transactions for institutions, major investment managers, insurance companies, banks, and high net worth individuals. A.B. Watley Group Inc.'s competitors include E*Trade (NASDAQ: EGRP EGRP E*Trade Group, Inc. (stock abbreviation, AMEX) ), Charles Schwab (NYSE NYSE See: New York Stock Exchange : SCH), Ameritrade (NASDAQ: AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ), TD Waterhouse (NYSE: TWE), MyTrack (NASDAQ: TRAC TRAC - Text Reckoning And Compiling ), DLJ Direct (NYSE: DIR) and National Discount Brokers (NYSE: NDB). SAFE HARBOR STATEMENT Certain statements contained herein, including statements regarding the development of services and markets and future demand for services and other statements regarding matters that are not historical facts, are forward-looking statements (as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, as amended). Any number of conditions may occur which would materially affect important factors in this analysis and materially change expectations. These factors include, but are not limited to, customer trading activity, loss of one or more significant customers, change in technology, shifts in competitive patterns, ability to manage growth effectively, risks associated with acquisitions including integration risks, risks associated with strategic partnerships, various project-associated risks, substantial competition, general economic conditions, risks associated with intellectual property rights, risks associated with international operations and other risk factors listed from time to time in A.B. Watley Group Inc.'s filings and reports with the Securities and Exchange Commission. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion