MB Trading......this is what I was talking about from some of my previous posts. I just found it and thought it was interesting.
Tuesday February 19, 9:46 am Eastern Time
Press Release
SOURCE: MB Trading
MB Trading Launches New Software Platform and Partners With Leading Quote Providers
EL SEGUNDO, Calif., Feb. 19 /PRNewswire/ -- MB Trading, a direct access software provider and Broker-Dealer, announced the launch of the MBT Navigator, a real-time direct access trading platform. The MBT Navigator's Built-In order management system represents a breakthrough in trading technology by providing the ability to trade from within a participating data provider's application. Built-In order management from MB Trading is currently available via eSignal, QCharts, DTN.iQ, PC Quote Orbit, and NexTrend. The MBT Navigator's Built-In capabilities will be available for NAQ's RT Trader and Linnsoft's Investor R/T in the second quarter of 2002. A customer can also open an account and use the MBT Navigator as a stand-alone application.
Ross Ditlove, Co-Founder and Chief Executive Officer of MB Trading comments that, ``The MBT Navigator represents a major shift in online trading technology. It allows customers to trade from within their existing quote platforms without the need for an external browser or separate software system. The synergy of state-of-the-art charting and analytic platforms with top-notch execution technology provides some of the most sophisticated, efficient and reliable trading systems on the market today. This is a level of flexibility that up until now was not available,'' added Ditlove.
Free of charge, the MBT Navigator allows traders and investors to utilize its fully integrated order management capabilities. MB Trading's MBTX intelligent execution system scans both Market Makers and ECNs to find the best price and liquidity for only $9.95 per trade.
Mitu Shah, Chief Technology Officer of MB Trading and a former designer of the Archipelago ECN, commented that the MBTX Smart Route simplifies learning how to trade using direct access by making the routing decision for you. Added Shah, ``Using technology to bridge pools of liquidity will help the investor get better executions, minimizing slippage and increasing potential for price improvements.'' Additional tools include MBFIX(TM) a FIX 4.X compliant order messaging system allowing institutions and electronic trading systems to send and receive messages for execution. The Software Developer's Kit (SDK) is a full feature package of development tools that will allow individuals, institutional investors and software designers to develop their own proprietary trading applications and utilize the MB Trading network for risk management and order execution.
About MB Trading
Founded by institutional brokers in 1997, MB Trading offers Internet based order execution for NASDAQ, NYSE, and AMEX securities with Options and Futures to follow in the near future. MB Trading offers real-time direct access to ECNs and liquidity partners in addition to extended trading hours. Registered brokerage representatives are available to assist customers by providing unparalleled customer service. MB Trading is a registered Broker Dealer and a member of NASD and SIPC. Please visit mbtrading.com for more information.
FOR FURTHER INFORMATION CONTACT: MB TRADING, Jeramie L. Westbay, El Segundo, CA, +1 310 491 9242, jeramie@mbtrading.com
General information:
Visit MB Trading at mbtrading.com on the World Wide Web. |
