More good news. TRAC continues to do so well I think I'm going to take more time off! Also just goes to show what quality people there are at TRAC.
:) IC
Track Data REPORTS 74% INCREASE IN MONTHLY TRADING VOLUME FOR ITS myTrack ONLINE TRADING SERVICE
NEW YORK--January 4, 2000--Track Data Corporation (Nasdaq NMS: TRAC) reported today a new milestone for its myTrack online trading service. myTrack achieved 101,000 trades for the month of December, 1999, its highest month ever, compared to 58,000 for the month of November, 1999.
Commenting on the news, Barry Hertz, Chairman and CEO, said, "We are very excited about the continued increase in trading volume. Applications for new trading accounts are being received in record numbers. The numbers speak for themselves. Trading in today's market without myTrack is like watching an action movie in slow motion."
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. To download myTrack-Linux software, go to mytrack.com.
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's Linux (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.
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