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 (444)	11/5/1999 9:02:00 AM
From: Investor Clouseau	Respond to of 2005

(BSNS WIRE) Track Data Announces Agreement With BRUT ECN for Trade Execu Track Data Announces Agreement With BRUT ECN for Trade Executions Through Its myTrack Service Business & High-Tech Editors NEW YORK--(BUSINESS WIRE)--Nov. 5, 1999--Track Data Corporation (Nasdaq-NMS: TRAC) announced today that it signed an agreement with the BRUT ECN to add another routing destination for trades placed through its myTrack service, an Internet-based online trading and market data service. Barry Hertz, Chairman and CEO, commented, "As previously announced, to best serve our customer base, we want to continue to add routing sources for trades to provide the fastest and best price executions available. The connectivity arrangement with BRUT illustrates our commitment to provide best price execution services." Brian K. Hyndman, President of BRUT, said, "We are very excited to become a routing destination on the myTrack service. We feel that BRUT's broad liquidity will provide the best execution for myTrack customers." Track Data offers the first week of trading commission-free and recently announced that the last week of trading in December will also be free to celebrate the millennium. To open a trading account, go to mytrack.com and click on the "Open a Trading Account" button. myTrack is a fully integrated Internet-based online trading and market data system. Trading is offered at prices starting at $12.95 per trade. myTrack is delivered over the Internet powered by application-based software and a constant server connection similar to systems used by professionals, as compared to most of its competitors that provide their service over HTML website-based static pages. myTrack delivers free streaming delayed quotes and unlimited free real-time extended quotes, as well as breaking company news, a trade by trade log, charting for technical analysis and a proprietary library of intraday market statistics. For $19.98 per month plus exchange fees, users can subscribe to streaming real-time quotes. A menu of features, including Nasdaq Level II, is available separately or in value packages. 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 such as ETrade (Nasdaq: EGRP), Schwab (NYSE: SCH) and Ameritrade (Nasdaq: AMTD). 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 1-800-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. BRASS Utility, L.L.C., headquartered in New York City, is a leading electronic communications network (ECN) and one of nine ECNs approved by the Securities and Exchange Commission to act as an order display alternative. BRUT is majority owned by Automated Securities Clearance Ltd. (ASC). ASC operates BRASS (Brokerage Real-Time Application Support System) which provides the Nasdaq trader everything he or she needs to operate electronically. BRASS is the industry standard, serving over 3000 desktop terminals in roughly 200 brokerage firms representing over 50% of Nasdaq volume. Goldman Sachs (NYSE: GS), Knight/Trimark Group (Nasdaq: NITE), Merrill Lynch (NYSE: MER) and Morgan Stanley Dean Witter (NYSE: MWD) maintain minority equity interests in the BRUT ECN. BRUT and ASC are operating units of SunGard Data Systems Inc., the only large specialized provider of proprietary investment support systems and the pioneer and a leading provider of comprehensive computer disaster recovery services. SunGard's common stock is listed on the New York Stock Exchange under the symbol SDS. Editors Note: The character in between the "E" and the "T" in "E Trade" is an asterisk and may not show up on certain databases. --30--jp/ny CONTACT: Track Data Corporation Investor Relations: Laurel Louison 718/522-7373 laurel_louison@tdc.com KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING INTERNET COMPUTERS/ELECTRONICS SOFTWARE TELECOMMUNICATIONS PRODUCT MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

To: Investor Clouseau who wrote (444)	11/5/1999 9:30:00 AM
From: AJ Berger	Read Replies (2) \| Respond to of 2005

You say potayto, I say potahto Banks needing quick entry by buying TRAC argument can be used by 100 other similar companies. Dream on... Just to get you up to speed, most Banks already have quote and trading systems in place, but till now they have had to officially outsource the service. Now they can finally put it under their own names. I've been trading and getting real time quotes from CitiBank for 15 years now. Believe you me, they don't even care that TRAC exists.