To: PammyLee who wrote (12497 ) 9/21/1999 10:53:00 AM From: gamesmistress Read Replies (1) | Respond to of 57584
ABWG is now offering free Level II and lots of other info ($20,000 minimum account). ABWG up 11/16 though little volume. If they market this right it should give them a big boost. A.B. Watley to Give Away Nasdaq Level II Data for Free in New Product Launch Business Wire - September 21, 1999 06:21 NEW YORK--(BUSINESS WIRE)--Sept. 21, 1999--A.B. Watley Group Inc. (NASDAQ: ABWG) premier provider of trading services through its online brokerage firm A.B. Watley, Inc. (www.abwatley.com) today announced the launch of UltimateTrader Free, an online trading platform offering free realtime streaming Nasdaq Level II data, integrated order entry and no minimum trade requirement. A comprehensive solution for active traders, UltimateTrader Free is available to A.B. Watley customers who maintain an average $20,000.00 monthly cash balance. UltimateTrader Free will offer the following features: -- Dynamically updating, realtime Nasdaq Level II screens with integrated order entry. -- Dynamically updating realtime intraday and historical charts, with over 40 different analytical tools. -- Dynamically updating realtime position minder. -- Dynamically updating realtime buying power. -- Dynamically updating realtime stock tracker and portfolio monitor. "We are the first broker to provide free, realtime streaming quotes. UltimateTrader Free demonstrates our commitment to provide the highest level of data and execution services, at the most affordable level." said Steven Malin, Chairman and Chief Executive Officer of A.B. Watley Group Inc." The new service offers the active trader considerable savings in both data costs and superior trade execution, with the opportunity to transact seamlessly into the exchanges and ECN's." ABOUT A.B. WATLEY GROUP INC. A.B. Watley Group Inc. is the parent Company of A.B. Watley, Inc., a multifaceted, technological and service-oriented brokerage firm offering two proprietary online trading systems, UltimateTrader(TM) and WatleyTrader(TM), that provide realtime data feed and instantaneous execution for the most active segment of the online trading community. The A.B. Watley, Inc. Institutional Sales and Trading Division specializes in the execution of complex and sensitive large-block equity transactions for institutions, major investment managers, insurance companies, banks, and high net worth individuals. Under its former name, Internet Financial Services Inc., the Company completed its initial public offering of 2,300,000 shares of common stock on April 20, 1999. Its recent third quarter earnings reported a revenue growth of 148% and a 317% increase in trade volume.