The program will work in almost any market and broker firms can elect to launch their own websites under their own brand names, or join Momentum's on-line stock trading portal website, Swiftrade www.swiftrade.com.
In fact broker firms did launch their own websites, but they didn't get the program from Momentum, instead they got it from the same people Momentum did, the Vantra Group.
vantra.com
Mr Anthony L. Tobin, President and CEO of ZiaSun Technologies, said that the program had taken a team of Momentum programmers four months to develop
It might have taken them four months to figure out how to install it, but again, Vantra developed it.
While development of the program and its encrypted transaction features has been tailored for brokerages joining the Swiftrade portal, it can also be used by brokerages to establish their own on-line stock trading systems
Unless ZSUN contracted with Vantra to develope an online trading program and then foolishly gave them the rights to license it to others, the above statement would seem to be a lie. More accurate would be Vantra developed the program and it's encrypted transaction features for any brokerage to use, not specially for Momentum.
What we have developed is virtually a 'plug and play' on-line stock trading system for brokers around the world,'' he said.
If it was the CEO of Vantra saying this, it would be true. Instead it was Anthony Tobin that said it. Tsk, tsk, tsk.
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