Good news. Hopefully this system will be worldwide so I can travel and trade at the same time!
:) IC
TRACK DATA ANNOUNCES DEVELOPMENT AGREEMENT WITH FLEXTRADER.COM FOR WIRELESS ACCESS TO ITS myTrack ONLINE TRADING SYSTEM
NEW YORK--January 7, 2000--Track Data Corporation (Nasdaq NMS: TRAC) announced today that it is working with FlexTrader.com in an effort to create a wireless trading platform for its myTrack online trading system. The system will be able to offer myTrack users one-touch wireless trading, initially using the RIM Interactive pager, to connect to myTrack's state-of-the-art trading platform. FlexTrader.com will continue to work closely with Track Data in an effort to build additional wireless capacity amongst a large universe of portable devices. This new capability is expected to be available within 30 days.
Barry Hertz, Chairman of Track Data, said, "The RIM Interactive pager will expand our wireless reach beyond the recently announced Palm Pilot VII initiative. We are very excited about this opportunity to combine Flextrader's value added website content with our trading platform. This will provide a great value to the ever growing wireless trading community."
Larry Rubin, Chairman of FlexTrader.com., said, "We are excited to be partnering with Track Data and anticipate great results. FlexTrader.com's technical analysis, free back-testing and stock market alerts will add value to myTrack users who already have a great trading platform and market data."
FlexTrader.com (www.flextrader.com) is a Web site that offers novice and experienced investors customized investment research tools, providing access to the most comprehensive, easy-to-use financial information management system available on the Web today. FlexTrader.com's subscribers have free access to over 20 proven technical trading systems that can be back-tested, as well as detailed graphing and charting, market news and fundamental research. FlexTrader.com provides its subscribers with buy/sell alerts through email and wireless devices such as the RIM Interactive pager. Prior to the creation of FlexTrader.com, this type of information had only been available to professional brokerage firms.
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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