TRACK DATA ANNOUNCES THE ADDITION OF BLOOMBERG TRADEBOOK FOR TRADE EXECUTIONS THROUGH ITS myTrack SERVICE
New York, NY - September 6, 2001 - Track Data Corporation (Nasdaq-NMS: TRAC) today announced that it has added Bloomberg TradeBook as another direct routing destination for stock trades placed through myTrack, its Internet-based online trading and market data service.
"It's all about trying to get the best possible execution for every single trade," said Barry Hertz, Track Data Chairman and CEO. "Direct access is all about the power to choose where your trade is routed. That's why we're very pleased to announce the addition of Bloomberg TradeBook. It is a well established, well respected ECN, with excellent liquidity. The more direct links we have to market makers and ECNs, the better it is for our myTrack members."
Kim Bang, president of Bloomberg TradeBook stated, "We are excited about the additional routing from Track Data. More trades means more liquidity, which benefits everyone who uses TradeBook. We are confident that myTrack members will be pleased with the executions they receive on the stock trades they route to us."
ABOUT THE COMPANIES 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 direct access 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 (NYSE: ET), and TD Waterhouse (NYSE: TWE). myTrack supplies free market data to its brokerage account holders: streaming delayed quotes, company news, charting for technical analysis, and a proprietary library of intra-day market statistics. In addition, myTrack offers users a selection of paid data and research, including streaming real-time quotes, Nasdaq Level II, and Pink Sheets 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.
For additional information, please contact Laurel Louison, Investor Relations, at 718-522-7373 or by e-mail: laurel_louison@trackdata.com.
About Bloomberg Tradebook LLC Bloomberg Tradebook LLC (www.bloombergtradebook.com), a wholly owned subsidiary of Bloomberg L.P., is a global electronic agency broker of equity and fixed securities. Bloomberg Tradebook's leadership position as a consolidator of liquidity in the global agency brokerage arena, coupled with its proven suite of innovative trading functionality allows Bloomberg Tradebook to serve as a tool for institutional investors seeking best execution. An innovator focusing on new opportunities offered by regulatory and technological change, the number of shares traded on the Bloomberg Tradebook platform consistently places Bloomberg Tradebook among the "top three" global agency brokers for shares traded each trading day. With electronic access to markets in North America, Europe and Asia and potential clearance and settlement in major markets around the globe-- Bloomberg Tradebook maintains a true global presence.
CONTACT: Chris Taylor - Bloomberg Tradebook 212-318-2660 / taylorc@bloomberg.net
_______________________________________________________________ If you do not wish to receive any more e-mail regarding myTrack please forward this email message to unsubscribe@trackdata.com. |