TRACK DATA REPORTS INCREASED DAILY TRADING VOLUME
FOR ITS myTrack ONLINE TRADING SERVICE
NEW YORK, NY-July 6, 2000-Track Data Corporation
(Nasdaq NMS: TRAC) today reported that average daily trading
volume for its myTrack online trading service was 5,722 for
the month of June, 2000, a 6% increase from May’s average of
5,396.
"We’re back on the upswing," said Barry Hertz, Track Data
Chairman and CEO. "With our switch to Penson for clearing
services and the broker-dealer license for Track Data
Securities, there’s been a positive feeling building around
here. We are hopeful that the positive feelings and positive
trading volume growth will continue."
Track Data is a New York-based financial services company
that provides real-time financial market data, news, and
research to institutional and individual investors through
dedicated telecommunication lines and the Internet.
For individual investors, Track offers myTrack, a fully
integrated, Internet-based online trading and market data
system. myTrack’s online trading has commissions starting at
$12.95 per trade and allows users the choice of where to
route their orders. myTrack’s continuous, dynamic stream of
live market data is powered by application-based software
and a constant server connection similar to systems used by
professionals, making it faster than the HTML web-based
static pages offered by most of its competitors, such as
Schwab (NYSE: SCH), E*Trade (Nasdaq: EGRP), and TD Waterhouse
(NYSE: TWE). In addition to all the free data supplied to
myTrack users-streaming delayed quotes, company news,
charting for technical analysis, and a proprietary library of
intra-day market statistics-myTrack users can choose from a
selection of paid data and research, including streaming
real-time quotes and Nasdaq Level II. myTrack offers access
through PCs, browser phones, and PDAs, such as Palm Organizers
(made by Palm Inc. (Nasdaq: PALM)) and Visors (made by
Handspring (Nasdaq: HAND)).
myTrack offers the first week of trading commission-free. To
open a trading account, go to mytrack.com or call
1-800-myTrack.
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