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 (1692)	5/19/2000 1:42:00 PM
From: ISOMAN	Read Replies (2) \| Respond to of 2005

Scariest thing I heard all day. If that were the case, A few people would be able to quickly take away a lot of peoples "part of their Social security"

To: Investor Clouseau who wrote (1692)	5/23/2000 2:24:00 AM
From: Investor Clouseau	Respond to of 2005

Track Data ANNOUNCES "INTEGRATED NASDAQ LEVEL II" myTrack MEMBERS TO HAVE ACCESS TO NASDAQ LEVEL II THAT INCLUDES ORDER BOOK SUMMARY NEW YORK-May 22, 2000- Track Data Corporation (Nasdaq NMS: TRAC) today announced a new enhancement that will allow myTrack users to see an order book summary integrated into their Nasdaq Level II screens. This enhancement eliminates the need to check both Level II and order books to see outstanding limit orders. Standard Nasdaq Level II allows people to see the best bid or offer from each ECN and market maker. Unfortunately, Level II does not display bids and offers farther away from the market-only the best from each entity. This system can be somewhat misleading. For example, on a given stock, Island may have two limit orders-a bid for 100 shares at 4 and a bid for 20,000 shares at 3 15/16. An investor who looks on Nasdaq Level II to see what the support for the stock is would only see the 100 share bid. The investor would have to check Island's order book to know that there's much more support for the stock 1/16 of a point away. Track Data's new Integrated Nasdaq Level II alleviates this problem, as illustrated below: Standard Nasdaq Level II Market Maker/ECN bid Size bid Price ISLD 100 4 HRZG 400 3 7/8 myTrack's Integrated Nasdaq Level II Market Maker/ECN bid Size bid Price ISLD 100 4 ISL2 20,000 3 15/16 HRZG 400 3 7/8 Launched today, the myTrack Integrated Nasdaq Level II displays second and third best bids and asks from Island-straight from Island's book. Soon, the same will be true for Market XT and other ECNs that openly display their books. "We are always looking to innovate, to give myTrack members as much of an edge as we can," said Track Data's Chairman and CEO, Barry Hertz. "With Nasdaq's recent announcement of a planned 80% reduction in the fees for Level II for non-professionals, we expect an increase in the number of investors who look to access Level II. myTrack's Integrated Nasdaq Level II will become an important point of distinction." Track Data is a New York-based financial services company that offers myTrack, a fully integrated Internet-based online trading and market data system. myTrack offers the first week of trading commission-free. To open a trading account, go to mytrack.com and click on the "Open a Trading Account" button. myTrack delivers a continuous dynamic stream of live market data and investors' online trading activity. 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, making it faster than the HTML web site-based static pages offered by most of its competitors, such as E*Trade (Nasdaq: EGRP), TD Waterhouse (NYSE: TWE), and National Discount Brokers (NYSE: NDB). 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. In addition to PC-based trading, myTrack offers wireless access through browser phones and PDAs such as Palm Organizers (made by Palm Inc. (Nasdaq: PALM)). 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. Track Data provides real-time financial market data, news, fundamental research, charting and analytical services institutional and individual investors through dedicated telecommunication lines and the Internet. _______________________________________________________________ If you do not wish to receive any more e-mail regarding myTrack please forward this email message to unsubscribe@tdc.com.