Ameritrade Adds Pre-Market Trading and Portfolio Management to Product Suite; Additional Products Enhance Client Experience and Underscore Superior Value.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--June 18, 2001 Ameritrade, Inc., a subsidiary of Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ), today announced that it has further enhanced the online client experience by offering Pre-Market Trading and sophisticated Portfolio Management tools for active, self-directed investors. Pre-Market Trading, 8:00 to 9:15 am ET, allows Ameritrade and Accutrade clients to trade online prior to market hours, thereby expanding the trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. from 8:00 am to 6:30 pm ET. Through a single point of entry, Ameritrade's Portfolio Management provides investors with greater ease of use for viewing multiple investment portfolios. "Pre-Market Trading and Portfolio Management are the latest in a suite of products that enhance ease and flexibility in online investing for the Ameritrade client," said Pete Ricketts John Peter "Pete" Ricketts is the former Chief Operating Officer of Ameritrade [1]. He was the Republican nominee for the 2006 U.S. Senate race in Nebraska [2] which he lost to incumbent Ben Nelson. , interim president, Ameritrade, Inc. "We're building long-term relationships with our clients by tailoring our technology, products and services to fit their needs for an entire lifecycle. And we're providing superior value in both price and performance." Pre-Market Trading Trades made during the extended AM hours will be routed to an ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. . During these hours, Ameritrade clients will have access to over 13,000 Nasdaq and NYSE NYSE See: New York Stock Exchange securities. Other restrictions and conditions may apply to pre-market trading. "Clients can begin their trading day earlier, affording them the opportunity to take advantage of pre-market news, make a trade or check their portfolio - all before their morning commute," said Ricketts. Portfolio Management In addition to accessing their Ameritrade account through Ameritrade's new Portfolio Management tool, clients can create up to ten different portfolios, allowing them to manage their investments from one convenient location. The new feature enables clients to customize the view of their portfolios and sort data - including P/E ratio P/E ratio Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings. , 52-week hi/low and volume - forty-three different ways. Portfolio Management also allows clients to track one-day value changes and unrealized gains/losses since the purchase of an investment. "Portfolio Management is designed to help clients simplify and direct all their investment portfolios on the Ameritrade platform," said Ricketts. "Ameritrade now allows clients to track 401(k), IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. and brokerage accounts Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. all from one location, providing the ability to evaluate and align their investment objectives to various financial criteria." About Ameritrade Holding Corporation (Nasdaq:AMTD) Ameritrade Holding Corporation (www.amtd.com) is a pioneer in the online brokerage industry with a 25-year history of providing clients a self-directed approach to brokerage services. The award-winning Company, through its broker/dealer subsidiaries, provides brokerage and clearing services to self-directed individual consumer investors and to financial institutions. This document contains forward-looking statements regarding future events or the future performance of the company. Various factors could cause actual results to differ materially from those anticipated. Readers of this document are advised to check the documents filed by the company with the Securities & Exchange Commission, including Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 10-Q for descriptions of risks and uncertainties related to forward-looking statements. Ameritrade is a registered trademark of Ameritrade Holding Corporation. |
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