Track Data's AIQ Division Launches New Version of TradingExpert Pro Trading Software; Back Testing and Buy/Sell Color Coding Taken to a New Level 9/22/04 BROOKLYN, New York, Sep 22, 2004 (BUSINESS WIRE) -- Track Data Corporation (Nasdaq: TRAC) today announced that its AIQ Systems Division is launching a revolutionary new version of TradingExpert Pro trading software. The new TradingExpert Pro is the first to give investors a trading tool that allows back-testing of m ultiple trading strategies real-time and end of day--not on just one ticker at a time, but on a database of tickers of the investor's choosing.
"Many real-time packages rely on streaming data as a basis for testing, but TradingExpert Pro is different," notes Dean Kasparian, AIQ's President. "Investors now have the ability to store a database of tickers with real-time data on their hard drives. With today's large hard drives the standard, the scope for building a real-time database for stocks, futures, ETFs, currencies or indices is huge."
The new TradingExpert Pro also takes the "red light stop, green light go" concept so prevalent in many platforms to the next level. TradingExpert Pro's unique color barometer has been providing charting indicator bullish/bearish snapshots for years. Now the same color coding is available for investors' own defined rules and indicators, and not just in charting, but also in a quote grid. Users can track dozens of tickers in multiple quote screens with buy/sell rules color-coded for every ticker.
Investors familiar with AIQ know that TradingExpert has been a world leading trading software for many years. State-of-the-art Charting, Trading System Design and Testing, Portfolio Management, Market Timing, Group Sector Rotation and Fundamental Analysis are among the many power tools already incorporated in the package.
The pricing of the new package remains the same, $79 per month. This includes real-time data and all software upgrades. Exchange fees are extra.
Users can find out more about AIQ Systems at its web site, aiqsystems.com or by calling 1-800-332-2999.
Track Data Corporation is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.
For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers under a service bureau arrangement as an execution platform.
The Company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks. Track ECN offers subscribers the highest published rebate in the industry.
For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.
For all investors, the Company's NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.
For all investors, AIQ Systems develops and markets artificial intelligence based stock market analyses and charting software.
SOURCE: Track Data Corporation |