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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (20968)12/8/1999 1:37:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 52051
 
sw, TRAC demonstrating their exponential growth in this news;

(COMTEX) B: Track Data Reports Record Daily Trading Volume For Its my
B: Track Data Reports Record Daily Trading Volume For Its myTrack Online
Trading Service

NEW YORK, Dec 8, 1999 (BUSINESS WIRE) -- Track Data Corporation
(Nasdaq NMS:TRAC) reported today a new milestone for its myTrack online
trading service. Yesterday, myTrack achieved 4,000 daily trades for the
first time. Since its official launch in June 1999, myTrack has
achieved the following milestones:



4,000 trades - December 7
3,000 trades - November 16
2,000 trades - October 29
1,000 trades - July 2

Commenting on the news, Rod Covlin, Vice President-Trading
Operations, said, "Our rapid growth in trading volume has been very
exciting and gratifying. We are achieving record numbers of
applications for new accounts and a customer base with an active trader
profile. These customers are proving that myTrack is the system of
choice for the active trader."

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 E-Trade (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
mytrack.com. Additional information may be obtained by
contacting Laurel Louison, Investor Relations, at 718-522-7373 or by
e-mail: laurel_louison@tdc.com.

Note to Editors: "E-Trade" should be written with an asterisk in place
of the hyphen.



Copyright (C) 1999 Business Wire. All rights reserved.



Distributed via COMTEX.
-0-
CONTACT: Track Data Corporation
Laurel Louison, 718/522-7373
laurel_louison@tdc.com

WEB PAGE: businesswire.com

GEOGRAPHY: NEW YORK

INDUSTRY CODE: INTERNET
SOFTWARE