May 12, 1998
SAN MATEO, Calif., May 11 /PRNewswire/ via NewsEdge
Corporation -- Data Broadcasting Corporation (Nasdaq: DBCC),
America's leading provider of market data to individual investors
and traders, today announced an expansion of its marketing
partnership with Wyse Securities, a division of Pyramid
Financial, to provide a private-labeled version of DBC's
StockEdge Online and Signal Online. This alliance will enable
Wyse Securities customers to obtain real-time stock quotes,
futures and options data as well as place trades via the
Internet.
Established in 1988, Wyse Securities is one of the nation's
oldest discount brokerage firms. It provides online trading for
stocks, options, bonds and other securities with commission
rates as low as $7.95 per trade. Additionally, Wyse Securities
serves as a resource for brokers via phone, offering, among
other unique services, an online trading Web site in Chinese.
Wyse Securities also plans to expand its international offering
to Japanese, French and Italian speaking countries, thereby
increasing the global scope of online trading.
"Signal Online is available worldwide, currently servicing
customers in over 40 countries, which fits well with Wyse
Securities' expansion outside the United States," said DBC
President Mark Imperiale.
StockEdge Online and Signal Online are Data Broadcasting's
real-time continuous financial market data services delivered
via the Internet. StockEdge Online provides access to
continuous real-time quotes for all U.S. equity exchanges, while
Signal Online provides continuous real-time quotes for U.S.
equities as well as futures and options data. Signal Online
includes charting and technical analysis, fundamental data, a
robust alerts feature, a fully customizable ticker, news from
CBS MarketWatch and a variety of other reliable news sources,
making Signal Online a powerful tool for traders. Clients can
receive data through their PCs and laptops anywhere via phone
lines or wireless connection. This service increases accessibility
by making it easy for users to readily track portfolios from their
offices, homes or while traveling.
StockEdge Online and Signal Online can connect directly to
Wyse Securities' online trading service, which will enable users
to execute their trades instantly. StockEdge Online and Signal
Online users also will have access to a private Internet site
where they can obtain additional data such as Marketline and
Baseline fundamental reports.
Wyse Securities will offer the StockEdge Online service for
$79.00 per month (with a prepaid account), plus exchange
fees. The Signal Online service will be available at a discounted
price of $150 per month (with a prepaid account), plus
exchange fees. The Wyse Securities version of StockEdge
Online and Signal Online are available to download at
dbc.com.
For more information on DBC's line of financial information
products, visit the company's press room on the Internet at
dbc.com.
About WYSE Securities
Wyse Securities is a division of Pyramid Financial Corporation,
which was incorporated in 1989. Since then, it has become one
of the country's leading discount brokerage firms.
Headquartered in Cupertino, CA, Wyse serves customers
worldwide via mail, telephone and the Internet. Orders are
always handled by registered representatives who serve some
of the largest and most discriminating investors in the business.
About Data Broadcasting Corporation
Data Broadcasting Corporation is America's leading provider of
real-time market data to the individual trader and investor. The
company delivers real- time stock quotes, financial and sports
news and gaming information to 250,000 users via PCs, wireless
FM, cable satellite and the Internet ( dbc.com and
cbs.marketwatch.com). With its Capital Management
Sciences division, Data Broadcasting also is the leading provider
of fixed income portfolio analytics used for valuation and risk
management purposes.
SOURCE Data Broadcasting Corporation |
