Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?

To: Investor Clouseau who wrote (403)	11/2/1999 9:00:00 AM
From: Investor Clouseau	Read Replies (1) \| Respond to of 2005

more news this morning; (BSNS WIRE) Track Data Announces Options Direct 'Europe' Ltd., Exclusive Track Data Announces Options Direct 'Europe' Ltd., Exclusive U.K. Licensee of myTrack, Launches Its Online Trading Service, 'myBroker' Business Editors/Hi-Tech Writers NEW YORK--(BUSINESS WIRE)--Nov. 2, 1999--Track Data Corporation (Nasdaq NMS:TRAC) announced today that Options Direct (Europe) Ltd., the exclusive U.K. licensee of myTrack, launched its online trading service under the private label of "myBroker." ODL is a London-based stockbroker with more than 2000 active accounts. The agreement provides trading customers of ODL with a customized version of myTrack's Internet-based online trading and market data system. Track Data received a 10% ownership interest in ODL. Track Data's Chairman and CEO, Barry Hertz, said, "We are very excited about this opportunity to participate with ODL in building an online trading service in Europe. In addition to our ownership interest, myTrack is to receive revenues from its market data system plus a per-trade transaction fee." Bill Newton, Managing Director of ODL noted, "We believe this is a great opportunity for both companies. ODL has an early start on the fast growing online trading market in Europe. With a partner like Track Data it will give us more visibility and credibility in the marketplace. There are many synergies that can be better explored as partners rather than the usual customer-vendor relationship." Track Data provides real-time financial market data, news, fundamental research, charting and analytical services to institutional and individual investors through dedicated telecommunication lines and the Internet. The Company also offers online trading through its myTrack Internet-based personal investment service. myTrack is an Internet-based software application that is not restricted by the limitations of an HTML website-based static system offered by virtually all of its well-known competitors. myTrack delivers a continuous dynamic stream of live market data and investors' online trading activity. The system is always connected and is an order of magnitude faster than competing website-based systems. Download myTrack software or open a trading account at mytrack.com or call 800/myTrack. For information about myTrack's SDK, go to www.mytrack.com/sdk. Additional information may be obtained by contacting Laurel Louison, Investor Relations, at 718/522-7373 or by e-mail: laurel_louison@tdc.com. Options Direct is a privately owned stockbroker providing a wide range of stockbroking and fund management services to private investors. Options Direct is regulated by the Securities and Futures Authority and is a member of the London Stock Exchange, EUREX and the London International Financial Futures and Options Exchange (LIFFE). Options Direct website is at options-direct.co.uk. --30--DES/ph* CONTACT: Track Data Corporation Laurel Louison, Investor Relations, 718/522-7373 laurel_louison@tdc.com KEYWORD: NEW YORK INTERNATIONAL EUROPE INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS E-COMMERCE HARDWARE SOFTWARE NETWORKING INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *