Data Broadcasting Teams With Great Lakes Trading to Create Futures Trading Platform.HAYWARD, Calif.--(BUSINESS WIRE)--Dec. 13, 1999-- Data Broadcasting Corp. (Nasdaq:DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ), America's leading provider of real-time financial market data to 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. and individual investors, today announced that Great Lakes Great Lakes, group of five freshwater lakes, central North America, creating a natural border between the United States and Canada and forming the largest body of freshwater in the world, with a combined surface area of c.95,000 sq mi (246,050 sq km). Trading Company Inc., options and futures specialists, will use eSignal's powerful data and charting services to create a trading platform with superior speed and complete functionality. "Data Broadcasting's eSignal gives us unparalleled real-time, Internet-delivered data feed and charting services to which we will link our trade execution system," said Patrick Sullivan, president of Great Lakes Trading Company. "The combination creates a complete futures and options trading platform that meets our demanding clients' needs." "Great Lakes Trading provides order execution coupled with a significant level of strategic advice to its clients, and the addition of eSignal's rich data-feed, charting and analytics creates a powerful package for futures and options traders," said Mark Imperiale, chief executive officer and president of Data Broadcasting. Great Lakes Trading Company is committed to helping its clients successfully realize their trading needs and supports this on several levels. Unlike most brokerages, the company does not require its clients to make a fixed deposit before they can open a trading account Trading Account 1. An account similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer. 2. An account held at a financial institution and administered by an investment dealer that the account holder uses to employ a . Great Lakes Trading can do this because of its close working relationship with its clients. The company consults closely with clients to create the trading strategy In finance, a trading strategy (see also trading system) is a predefined set of rules to apply. Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same that works best for each client while striving to carefully manage risk. eSignal delivers streaming real-time financial data over the Internet using active-push technology to continuously update data at the user's workstation. eSignal interfaces with popular software packages such as MetaStock from Equis International Equis, based in Salt Lake City, Utah, was founded in 1982 by Steve Achelis. In 1996, Equis was acquired by Reuters. Equis now serves as the graphics and technical analysis center for Reuters. , a Reuters company (Nasdaq:RTRSY); AdvancedGet-Investor RT by Linn linn n. Scots 1. A waterfall. 2. A steep ravine. [Scottish Gaelic linne, pool, waterfall.] Software; and Ensign Windows by Ensign software. eSignal supports Windows(R) 95/98/NT and is available for downloading downloading - download by Great Lakes Trading clients at http://www.eSignal.com. About Data Broadcasting Corp. Data Broadcasting Corp. is the leading provider of real-time market data to the individual trader and investor. The company delivers real-time stock quotes, financial information and news to the PCs, laptops and hand-held devices of millions of users via the Internet, dedicated lines, wireless FM, cable and satellite. With the BondEdge service from its Capital Management Sciences division, Data Broadcasting also is the leading provider of fixed-income portfolio analytics used for valuation and risk management purposes. The company's infrastructure and applications have been extensively tested to ensure Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 compliance. Data Broadcasting's Internet presence includes http://www.dbc.com, http://www.eSignal.com, http://cbs.marketwatch.com, http://www.insite.dbc.com, http://www.bondedge.com, http://sports.dbc.com and http://www.dbceuro.com. About Great Lakes Trading Company Inc. Great Lakes Trading Company leverages its specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. knowledge and experience in futures and options to the advantage of its clients, whether the client is speculating or managing the inherent price risk within a business. Great Lakes Trading understands it is essential to carefully listen to the needs of clients and develop the trading strategy that meets those needs while managing risk. The extensive network of trading floor brokers created over the years provides Great Lakes Trading Company's detailed and timely knowledge of what is happening on the markets and on the trading floor. This knowledge, coupled with Great Lakes Trading Company's experience and electronic order entry, help clients realize their trading needs. For more information, visit the company's Web site at http://www.gltc.com. The risk of loss in trading commodity futures contracts Commodity Futures Contract An agreement to buy or sell a set amount of a commodity at a predetermined price and date. Buyers use these to avoid the risks associated with the price fluctuations of the product or raw material, while sellers try to lock in a price for their products. can be substantial; therefore, only genuine risk funds should be used. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion