STAR DATA SYSTEMS INC - StarTrader(TM), Star Data Systems Inc.'s STAMP Compliant Equity Trading Station [242]
Canadian Market News from Market News Publishing, Wednesday, September 01, 1999 at 13:32
On August 27, 1999 the Toronto Stock Exchange announced the
termination of its trading station initiative. The TSE will look to Star
Data (STY/TSE) and other suppliers to address the requirements of the STAMP
protocol that is being implemented by all Canadian stock exchanges. The TSE
recently issued a letter to all member firms stating that as of September
1, 2000 the only access to the TSE will be through STAMP compliant trading
devices. Those members using CATS terminals, PC-CATS based devices and
TOREX Trading Station 1.2 must have STAMP compliant technology in place by
this date.
StarTrader offers trading professionals the interactive software they
need to execute trades in real-time on equity exchanges. StarTrader
replaces the Computer Assisted Trading System (CATS) terminal and combines
the features and functionality of StarQuote(R) and StarQuote PRO(TM),
including MarketWatch(R) Pages, Charts and News.
Additional StarTrader features include:
- A fully integrated Dynamic Market Book with Market-By-Order and
Market-By-Price
- PC-CATS Keyboard Functionality
- Comprehensive Trade Order-Log
- Multiple Exchange Access.
StarTrader has been certified STAMP compliant with both the Toronto and
Montreal Stock Exchanges.
The Montreal Exchange (ME) has announced that it will discontinue the
service of its existing equity trading platforms in favour of STAMP on
December 31, 1999. Exchange members currently using the Exchanges Trading
Access (ETA) and Montreal Direct Access (MDA) platforms will be required to
adopt a STAMP compliant trading solution.
StarTrader, a Y2K-ready application, has been fully Y2K-tested in
conjunction with the TSE and ME.
Star Data provides real-time Information Services and Transaction
Processing Services to the Canadian financial services industry. Star Data
is based in Toronto, with offices in Vancouver, Calgary, Winnipeg, London,
Markham, Montreal, Halifax and London, UK. The Company employs more than
400 people and is listed on the Toronto Stock Exchange under the symbol
STY. For more information on the Company's products and services, visit our
website at www.stardata.com.
StarQuote, StarQuote PRO, Multipath, StarTrader, Star Data and the Star
Data logo are trademarks of Star Data Systems Inc. Unauthorized use of Star
Data's trademarks is strictly prohibited. Portions of the StarTrader
software were developed for Star Data by Belzberg Financial Markets & News
International Inc. |
