Blackwood Trading Launches iAXcess, The Latest Innovation in Direct Access Technology for the Retail Investor.Business/Technology Editors NEW YORK--(BUSINESS WIRE)--August 18, 2000 iAXcess Retains The Tools, Speed and Advanced Order Routing Technology of Professional Trading Systems; Automating the Decision Making Strategies of The Top Wall Street Traders Blackwood Trading, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a premier software development and trading management company offering proprietary securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the technology for online investors, is introducing its latest technological innovation, iAXcess. iAXcess is the first easy-to-use Internet trading product to retain the tools, speed and advanced order routing execution technology of Blackwood's industry-leading professional trading system (AXcess Pro) -- giving investors direct access 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 , ECNs, NYSE NYSE See: New York Stock Exchange and regional exchanges. For the first time, Blackwood Trading is offering retail investors Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. the same proprietary technology that is used by their most experienced and profitable Wall Street traders. iAXcess is the only easy-to-use, unbiased online portal for fast, efficient, market access that is combined with sophisticated software tools to ensure best-price execution. iAXcess is a user-friendly system that is built to serve the growing community of online investors that demand the same tools, speed, and order-routing technology that is enjoyed by professional Wall Street traders. iAXcess evaluates all liquidity pools and works trade orders until they are filled at the best price using Blackwood Trading's proprietary order-routing technologies. "iAXcess was developed in response to Blackwood Trading's mission of changing the way Wall Street does business. The Internet has made it possible for all types of traders to invest online. Blackwood Trading adds tremendous value by giving traders direct online access to all liquidity pools and by offering the technological resources to enable the best execution for their trades," said Benjamin Weinger, Managing Partner at Blackwood Trading. "Direct access and the ability to execute trades at the best possible price are crucial to improving an online investor's performance and profits." Craig Schlifstein, Blackwood Trading's managing partner adds, "Blackwood Trading's innovative market analytics and order-routing technology are designed to meet the highest standards of the most demanding traders on our Wall Street trading floor. We want all active investors to have access to the same advanced technology that's used by these pros. Blackwood is bringing proprietary trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. tools to all investors, who want to master the market by trading as efficiently and economically as possible, adding to their bottom line." About Blackwood Trading, LLC Headquartered in the heart of New York's financial district, Blackwood Trading (www.blackwoodtrading.com) is a software development and trading management company offering the most advanced 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] system in the financial community. Blackwood Trading's AXcess technology is changing the way Wall Street trades securities by providing its retail and institutional customers with direct, equal access to all liquidity pools, and by offering unbiased, electronic order routing that automates the strategies of the most successful Wall Street traders. Blackwood Trading will promote its visionary AXcess technology at the Online Trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. Expo in Ontario, California Ontario is a city located in San Bernardino County, California, United States. As of the 2000 Census, the city had a total population of 170,373. It is the home of LA/Ontario International Airport and the huge Ontario Mills shopping mall (the largest in Southern California and one , August 18-20. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion