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Track Data Announces Investment in SFB Market Systems.


BROOKLYN, N.Y. -- Track Data Corporation (Nasdaq: TRAC TRAC - Text Reckoning And Compiling ) today announced that it has purchased a 15% interest in SFB SFB Sonderforschungsbereich
SFB Sender Freies Berlin (German Radio and TV Station)
SFB Star Fleet Battles (game)
SFB San Francisco Ballet
SFB Society for Biomaterials
SFB ScaleFactor Band
 Market Systems Inc., a New Jersey-based financial software solutions company specializing in options market data.

SFB's best known service is SymbolMaster, an online securities symbol management system that serves the financial industry from a single centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 data repository See repository.  server. SymbolMaster provides its customers with validated, intra-day, next day and historical equity- and options-related information used for the updating and loading of security master files throughout the financial industry.

"Track Data knows the market data world, especially when it comes to options. We were impressed with SFB because it is a unique company--its software solution generates and maintains all option strike symbols, prices, and codes for all of the U.S. options exchanges and has been doing so since 1994. SFB works with all the exchanges and has just signed new five-year agreements with BOX, CBOE CBOE

See: Chicago Board Options Exchange


CBOE

See Chicago Board Options Exchange (CBOE).
, ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise.  and NYSE NYSE

See: New York Stock Exchange
 Group. With the current explosion in options data and the continuing changes in the options world, we think SFB is well positioned to continue growing," said Marty Kaye, COO of Track Data.

"SFB and Track Data are a natural fit," said Arnold Staloff, Chairman of SFB Market Systems. "Track Data has been around for 25 years and has a stellar reputation in the options world. SFB is a newer player with a great niche. We feel that we can leverage the relationship with Track to reach more institutions, more quickly than we could before."

ABOUT THE COMPANIES

Track Data

Track Data Corporation is a New York-based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For professional investors, Track Data Securities offers proTrack, a 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]  platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers under a service bureau arrangement as an execution platform.

For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based 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.
 and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.

For all investors, the Company's NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.

SFB Market Systems

Founded in 1994, SFB Market Systems has initiated projects based on emerging technologies and has created and managed proprietary systems that provide options pre-market trade data information to markets, trading firms and market data providers globally.

SFB Market Systems delivers proprietary software solutions and expertise designed to meet the needs of the financial industry. SFB designs, implements and manages a complete solution that is both scaleable and optimized for existing and future technology requirements within the securities industry. SFB has extensive knowledge and experience in the securities, financial and technology industries and is dedicated to providing excellent and responsive customer service.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 21, 2006
Words:555
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