Can they really do direct access for $5 ? Comments ??
Date: November 1, 2000 FOR IMMEDIATE RELEASE
Online Broker RJT.com
Announces New Java-Based, Direct Access, Day Trading Product
Omaha NE, November 1, 2000 - Online broker RJT.com today announced the availability of Rapid-Jet-Trade-Plus, an on-line, java-based, Direct Access service designed specifically for the active investor. "Rapid-Jet-Trade-Plus provides improved execution and reporting speed, allowing the active investor to efficiently capitalize on his/her trading strategy", said Ted Price, President of R. J. Thompson Securities, Inc. Mr. Price also added that "Rapid-Jet-Trade-Plus offers Direct Access and Point-and-Click order execution; in today's trading environment, speed is a critical success factor for the active investor".
Rapid-Jet-Trade-Plus utilizes event-based PUSH technology for real-time streaming data that results in immediate notification of Fills, Cancels, Changes, etc. The system employs a single screen layout with six scaleable windows allowing the active trader Direct Access to selected ECN's and market-makers. The client has the ability to open multiple order tickets that preserve entry fields, view real-time positions, track real-time P&L calculation by both individual security and by total position, view real-time streaming quotes and accompanying tick chart(s), view and/or manage both open and closed orders, and view a color-coded history of every order placed. All clients receive FREE real-time streaming quotes using RJT.com's Jet Stream product that has been designed to run side-by-side with Rapid-Jet-Trade-Plus.
Rapid-Jet-Trade-Plus was developed by InfoComp International, Inc. using Java technology. Greg Gilgenast, President of InfoComp, said that "through the use of Java, RJT.com's application can be easily distributed over the internet minimizing download times", and added that "the application will work on any platform with a compliant JVM (PC, Mac, Unix)". Java also allows for the transparent deployment of feature enhancements, and has been proven to be extremely stable and fast in modern browser environments.
About RJT.com
Located in Omaha, Nebraska, RJT.com (R. J. Thompson Securities) is a broker-dealer registered in all fifty states, and a member of the NASD and SIPC. At RJT.com an investor can trade stocks online for a flat rate stock trade commission of only $5. Customers can trade options, bonds and treasuries through a single account. RJT.com also offers the Rapid Jet Trade and Rapid-Jet-Trade-Plus systems for its active investors. The company offers customers four methods of accessing their accounts: through secure access over the Internet; wireless access protocol through wireless devices; automated touch-tone phone system; and by calling a knowledgeable broker, toll-free.
In addition to serving the domestic retail client, RJT.com offers it services to brokerage firms throughout the world. By co-branding its Internet site with foreign partners, RJT.com allows clients of non-US brokerage firms to access the U. S. securities markets. For more information about RJT.com's services and products, visit the company's Web site at: www.rjt.com. R. J. Thompson Securities, Inc. is a wholly owned subsidiary of R. J. Thompson Holdings, Inc.
About InfoComp International, Inc.
Founded in 1994, InfoComp International, Inc. is a leader in the development of state-of-the-art software solutions for the financial services industry. The company has designed and developed a full range of integrated software products that allow independent broker/dealers and clearing firms to offer enhanced front-end services to their clients.
InfoComp's development team has the ability to provide a customized interface between virtually any broker/dealer and any clearing firm's back office, whether proprietary or service bureau. InfoComp products actually act as front-end enhancements to a clearing firm's, or service bureau's, core back-office product. To learn more about InfoComp's products and services contact Greg Gilgenast at (402) 951-2599. InfoComp is a wholly owned subsidiary of R. J. Thompson Holdings, Inc. |
