Track Data REPORTS RECORD DAILY TRADING VOLUME FOR ITS
myTrack ONLINE TRADING SERVICE
NEW YORK, NY-February 8, 2000-Track Data Corporation
(Nasdaq NMS: TRAC) today reported a new milestone for its
myTrack online trading service. Last Friday, February 4th,
myTrack achieved over 7,000 daily trades for the first time.
"We are very pleased to report this milestone so quickly after
reaching 6,000 daily trades," said Barry Hertz, Track Data
Chairman and CEO. "Between word of mouth and our offering the
first week of trading free, we are getting new people to try
myTrack. Once they try it, there's no going back."
myTrack first hit 5,000 daily trades on December 13, 1999 and
surpassed the 6,000 mark on January 24, 2000. The myTrack online
trading service was launched in June, 1999.
Track Data is a New York-based financial services company that
offers myTrack, a fully integrated Internet-based online trading
and market data system. myTrack 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 delivers a continuous dynamic stream of live market data
and investors' online trading activity. 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, making
it faster than the HTML web site-based static pages offered by most
of its competitors, such as E*Trade (Nasdaq: EGRP), Schwab
(NYSE: SCH) and Ameritrade (Nasdaq: AMTD). 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. 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.
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.
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