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Track Data Offers MicrocapTrade's OTCBB and Pink Sheets Analyzer to myTrack Online Traders.


BROOKLYN, N.Y. -- Track Data Corporation (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
: TRAC TRAC - Text Reckoning And Compiling ) and MicrocapTrade Inc. today announced an agreement to allow Track Data to offer MicrocapTrade's OTCBB/Pink Sheet data analysis platform to its myTrack members. myTrack members will receive a free trial and a 50% discount on MicrocapTrade's service.

MICROCAPFEED -- CHANGING THE WAY THE MICROCAP MARKETS ARE VIEWED

MicrocapTrade is a premier provider of advanced OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
 and Pink Sheet trading technologies for professional-level microcap trading. Powered by a proprietary OTCBB/Pink Sheet datafeed, MicrocapFeed is a powerful tool for making lightning-fast, better-informed pennystock trading decisions. Designed and built specifically for active microcap traders, this market data platform enables users to identify trading opportunities in real-time as they unfold. The MicrocapFeed is made up of 6 core data modules that give the serious pennystock daytrader critical live Real-Time OTCBB/Pink Sheet trading information.

THE SYNERGIES

"We have tried to make myTrack the online broker of choice for active microcap traders who trade OTCBB and Pink Sheet equities," said Marty Kaye, Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Track Data. "In our continuing effort to provide our microcap trading clients with the best possible trading tools and technology, we have partnered with an industry-leading firm, MicrocapTrade, to offer its unique MicrocapFeed."

"Ours is the first-ever professional-grade workstation built for traders who focus exclusively on the OTCBB and Pink Sheet markets. We know that once OTCBB and Pink Sheet traders see our data platform, they'll be hooked," said Stephane Touizer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of MicrocapTrade. "That's why we're offering a no-risk 14-day free trial. And if you're going to be trading off the real-time data we provide, it makes sense to do so through a direct access platform like myTrack."

THE OFFER: A 14-DAY FREE TRIAL, PLUS A 50% DISCOUNT

myTrack members are entitled to a 50% savings on the regular monthly subscription fee of $99.95--myTrack members who have an active 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
 can access the service for only $49.95 per month. myTrack has also arranged a 14-day risk-free trial for its members to see and evaluate this system for themselves. A credit card number is NOT required for the trial.

MYTRACK, THE DIRECT ACCESS BROKER FOR OTCBB TRADERS

myTrack is a 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 system. myTrack's direct access online trading has equity commissions starting at $12.95 per trade and allows users the choice of where to route their orders. myTrack also offers trading in foreign currencies, options (at all options markets), and over 6,000 mutual funds. In addition, futures trading in the E-Minis is available, with cross-collateralization of accounts. Futures trades are routed directly to the CME CME

See: Chicago Mercantile Exchange


CME

See Chicago Mercantile Exchange (CME).
 at $7 per contract.

myTrack's continuous, dynamic stream of live market data is powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML HTML
 in full HyperText Markup Language

Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web.
 web-based static pages offered by most of its competitors, such as Schwab (NYSE NYSE

See: New York Stock Exchange
: SCH SCH School
SCH Schedule
SCH Search
SCH Semester Credit Hours
SCH Santander Central Hispano (bank in Spain)
SCH Socket Head
SCH Synchronization Channel
SCH Succinylcholine
SCH Space Center Houston
), Ameritrade (Nasdaq: AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
), TD Waterhouse (NYSE: TD), and E*Trade (NYSE: ET). myTrack supplies free market data to its brokerage account holders: streaming delayed quotes, company news, charting for technical analysis, and a proprietary library of intra-day market statistics. In addition, myTrack offers users a selection of paid data and research, including streaming real-time quotes, Nasdaq Level II, and Pink Sheets Level II.

myTrack offers the first week of trading commission-free. To open a trading account, go to http://www.mytrack.com or call 1-800-myTrack.

ABOUT THE COMPANIES

Track Data is a New York-based financial services 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 as an execution platform.

The Company also owns and operates the Track ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. , an electronic communications network that allows traders to display and match limit orders for stocks. Track ECN offers subscribers the highest published rebate in the industry.

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.

MicrocapTrade, Inc. is a leading provider of institutional-grade Over-the-Counter Bulletin Board and Pink Sheet (OTCBB/Pink Sheets) trading technologies and in-depth, intra-day market data. Its leading-edge Decision Support Systems are built specifically for semi-professional and professional micro cap traders, broker-dealers and institutional investors in the penny stock markets.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 28, 2004
Words:778
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