TRACK DATA ANNOUNCED TODAY ITS PLANS FOR PALM PILOT ACCESS
TO ITS ONLINE TRADING SYSTEM
NEW YORK--December 31, 1999--Track Data Corporation
(Nasdaq NMS: TRAC) announced today that it plans to offer
wireless Internet access through Palm Pilot VII to its
successful myTrack online trading system. The system will
provide quotes and the ability to place trades and check
positions. This new access is expected to be available in
approximately 30 days.
Barry Hertz, Chairman and CEO, said, "We are very excited
about the Palm Pilot development. Wireless Internet
technology for online trading has only just begun and is
projected to have wide acceptance by the investing community
over the next few years. We also plan to interface with
additional wireless devices in the near future."
Track Data offers the first week of trading commission-free.
To open a trading account, go to mytrack.com and
click on the "Open a Trading Account" button.
myTrack is a fully integrated Internet-based online trading
and market data system. myTrack has offered its software-based
online trading system since its official launch in June and is
currently executing more than 4,000 trades per day. Trading
is offered at prices starting at $12.95 per trade. myTrack is
delivered over the Internet powered by application-based
software and a constant server connection similar to systems
used by professionals, as compared to most of its competitors
that provide their service over HTML website-based static
pages. myTrack is a software-based system that now runs on
Microsoft (Nasdaq: MSFT) and Red Hat (Nasdaq: RHAT) platforms.
myTrack delivers free streaming delayed quotes and unlimited
free real-time extended quotes, as well as breaking company
news, a trade by trade log, charting for technical analysis
and a proprietary library of intraday market statistics. For
$19.98 per month plus exchange fees, users can subscribe to
streaming real-time quotes. A menu of features, including
Nasdaq Level II, is available separately or in value packages.
Track Data provides real-time financial market data, news,
fundamental research, charting and analytical services to
institutional and individual investors through dedicated
telecommunication lines and the Internet. The Company also
offers online trading through its myTrack Internet-based
personal investment service. myTrack is an Internet-based
software application that is not restricted by the limitations
of an HTML website-based static system offered by virtually
all of its well-known competitors such as E*Trade
(Nasdaq: EGRP), Schwab (NYSE: SCH) and Ameritrade
(Nasdaq: AMTD). myTrack delivers a continuous dynamic stream
of live market data and investors' online trading activity.
The system is always connected and is an order of magnitude
faster than competing website-based systems. Download
myTrack software or open a trading account at
mytrack.com or call 1-800-myTrack. For information
about myTrack's SDK, go to mytrack.com. |
