TechCrunch50 concluded on Wednesday, September 10, 2008 with StockMood.com winning the Thomson Reuters Award for news-based technology. StockMood.com, a website created by Quant the News, LLC, is a stock trading guidance system that uses artificial intelligence to analyze news-influenced "sentiment" expressed toward stocks, and to correlate this sentiment with price changes.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals, and one of the sponsors of TechCrunch50.
"We are honored to receive the Thomson Reuters award. We've put in a lot of work over the last year and it's very fulfilling to see our efforts recognized in this way," comments Quant the News, LLC CEO Brett Markinson. "What we discovered at TechCrunch50 was that there is a huge appetite out there for in-depth quantitative information about the effect of news on stock price. In the past this kind of information has only been available to hedge funds and institutional investors, but with StockMood.com, we're bringing it to the everyday investor."
StockMood.com launched in a private beta on Monday, September 8th at the start of the TechCrunch50 conference and feedback from the initial users was overwhelmingly positive.
Quant the News, LLC Chief Science Officer Dr. Ben Goertzel explains, "It's clear from the initial reactions to the website that ordinary stock investors have a huge interest in this kind of information. We're getting a lot of excited reactions and also, as expected with any new product, a lot of feature requests... Clearly the adventure of StockMood.com is just beginning, but thanks to TechCrunch50 we're off to an excellent start."
In addition to StockMood.com's stock "sentiment" analysis, the website offers unique attributes. One example is its "crowdsourcing" approach, which allows for improvement of its AI's classifications. For example, if the AI classifies an article as positive but the user thinks it is negative, then the user can enter a correction. Then, if the AI considers the user reliable, it will incorporate the user's correction to help guide future judgments.
Showing posts with label trading tool. Show all posts
Showing posts with label trading tool. Show all posts
Tuesday, 16 September 2008
Monday, 15 September 2008
Misys Releases Java EE Version of TI Plus 2.0
Misys plc (FTSE: MSY.L), has released the latest Java EE version of its trade finance solution, called TI Plus 2.0. The company has also announced the availability of Misys Cash Portal, a new corporate ebanking solution that responds to demands from banks to use one platform to manage all of the online requirements of their corporate clients.
In the world of cash management and trade, corporate clients are demanding more from their banks: more services, quick response times and more transparency. Both TI Plus 2.0 and Misys Cash Portal have been designed to help banks respond to those clients demands.
With TI Plus 2.0, banks are able to go to market more quickly, reduce response time to their clients and seize on new market opportunities in the financial supply chain arena.
With Misys Cash Portal, banks are able to differentiate themselves by offering their clients a single online platform for processing their cash management and trade transactions. They are able to provide the following services to their corporate clients: fund transfers and payments (including internal transfers, third party transfers, SEPA Credit Transfers and others), account balances, sweeping services, report designer, audit trail and trade finance.
Olivier Berthier, Head of Product Management, Misys Trade Services, comments, "The cash management and trade services market is moving forward rapidly and in need for more innovative and flexible front-end as well as back-office solutions to cope with the changes. We are happy to be at the forefront of it, listening to our clients and their corporate customers and keep creating new solutions to help them lead this industry. As a result, we have seen a great majority of our clients receive awards for the operations that our solutions run."
In the world of cash management and trade, corporate clients are demanding more from their banks: more services, quick response times and more transparency. Both TI Plus 2.0 and Misys Cash Portal have been designed to help banks respond to those clients demands.
With TI Plus 2.0, banks are able to go to market more quickly, reduce response time to their clients and seize on new market opportunities in the financial supply chain arena.
With Misys Cash Portal, banks are able to differentiate themselves by offering their clients a single online platform for processing their cash management and trade transactions. They are able to provide the following services to their corporate clients: fund transfers and payments (including internal transfers, third party transfers, SEPA Credit Transfers and others), account balances, sweeping services, report designer, audit trail and trade finance.
Olivier Berthier, Head of Product Management, Misys Trade Services, comments, "The cash management and trade services market is moving forward rapidly and in need for more innovative and flexible front-end as well as back-office solutions to cope with the changes. We are happy to be at the forefront of it, listening to our clients and their corporate customers and keep creating new solutions to help them lead this industry. As a result, we have seen a great majority of our clients receive awards for the operations that our solutions run."
Omgeo Acquires Allustra
Omgeo, has acquired Allustra, a London-based provider of collateral management solutions. Allustra offers a suite of products that provide customers the ability to consolidate trade positions across asset classes, including OTC derivatives, and to manage the collateral process that mitigates the associated counterparty risk. Mark James, managing director of Allustra, joins Omgeo's executive committee as managing director.
In addition, Omgeo acquired a derivatives portfolio reconciliation platform designed by Global Electronic Market's (GEM), after piloting the technology with one of the largest brokers/dealers and one of the most sophisticated hedge funds in the world. By joining GEM's derivatives reconciliation capabilities with Allustra's collateral management solution, Omgeo sets a new standard for the market as the only organization to provide clients such a combined derivatives product line.
"We are truly excited to extend our expertise in operations beyond matching and allocations," said Marianne Brown, president and CEO of Omgeo. "By acquiring Allustra, Omgeo can provide its community access to the leading collateral management solution available today. Combining this with GEM's unique derivatives reconciliation technology means we are poised to truly change the way the industry manages counterparty risk."
Over the past five years, investment managers have dramatically increased the use of derivatives within their portfolio management strategies and, as a result, augmented the use of collateral to manage risk. Today, more than 2 trillion USD of cash and securities are being used to mitigate that risk. While trade strategies have become more sophisticated, the infrastructure to manage operational risk in the back office has not kept pace. Omgeo has successfully set the standard of efficiency for post-trade matching and allocations; with its combined derivatives reconciliation and collateral management offering, Omgeo is extending its operational expertise to automate post-settlement life cycle events.
"There is an urgent need for a standard, automated process for investment managers to reconcile derivative positions and confirm the movement of collateral," said John Devine, COO of Threadneedle Asset Management and a member of Omgeo's Board of Managers. "The market sees Omgeo as the logical provider of a solution that combines both derivatives reconciliation and collateral management, as they truly understand the operational pain-points of the financial community."
Omgeo's derivatives solution will automate processes that are predominantly manual, including reconciliation and dispute management (derivatives positions, mark-to-market values, payments amount and margin amounts), margin calculations, collateral inventory management and the collateralization process with counterparties. This combined approach will allow Omgeo's clients to realize operational efficiency, reduce operational risk and more effectively manage their counterparty credit risks. The Omgeo derivatives offering will be available for all Omgeo clients, including hedge funds, investment managers, prime brokers, broker/dealers and custodians.
"We are thrilled to join the Omgeo community," said Mark James, managing director of Allustra. "Over the past seven years, we have strived for excellence in the collateral management space. By aligning with Omgeo, the market leader for providing operational stability in the post-trade world, and by continuing to partner closely with our clients we will keep developing the ground-breaking solutions required by the market."
"Given that our research in the market indicated a growing need for a centralized solution for reconciling portfolios of derivatives, we decided to combine our market-proven reconciliation technology with the Omgeo infrastructure to address this critical need. We have invested five years of research and development on addressing the unique problems of reconciling portfolios of derivatives and are excited about delivering that capability to the Omgeo community," said Brian Lynn, CTO and founder of GEM.
Omgeo will continue to expand its derivatives suite of services. Next year, Omgeo Central Trade Manager(SM) will offer functionality for exchange-traded derivatives. Other enhancements will also be made over the next several months.
In addition, Omgeo acquired a derivatives portfolio reconciliation platform designed by Global Electronic Market's (GEM), after piloting the technology with one of the largest brokers/dealers and one of the most sophisticated hedge funds in the world. By joining GEM's derivatives reconciliation capabilities with Allustra's collateral management solution, Omgeo sets a new standard for the market as the only organization to provide clients such a combined derivatives product line.
"We are truly excited to extend our expertise in operations beyond matching and allocations," said Marianne Brown, president and CEO of Omgeo. "By acquiring Allustra, Omgeo can provide its community access to the leading collateral management solution available today. Combining this with GEM's unique derivatives reconciliation technology means we are poised to truly change the way the industry manages counterparty risk."
Over the past five years, investment managers have dramatically increased the use of derivatives within their portfolio management strategies and, as a result, augmented the use of collateral to manage risk. Today, more than 2 trillion USD of cash and securities are being used to mitigate that risk. While trade strategies have become more sophisticated, the infrastructure to manage operational risk in the back office has not kept pace. Omgeo has successfully set the standard of efficiency for post-trade matching and allocations; with its combined derivatives reconciliation and collateral management offering, Omgeo is extending its operational expertise to automate post-settlement life cycle events.
"There is an urgent need for a standard, automated process for investment managers to reconcile derivative positions and confirm the movement of collateral," said John Devine, COO of Threadneedle Asset Management and a member of Omgeo's Board of Managers. "The market sees Omgeo as the logical provider of a solution that combines both derivatives reconciliation and collateral management, as they truly understand the operational pain-points of the financial community."
Omgeo's derivatives solution will automate processes that are predominantly manual, including reconciliation and dispute management (derivatives positions, mark-to-market values, payments amount and margin amounts), margin calculations, collateral inventory management and the collateralization process with counterparties. This combined approach will allow Omgeo's clients to realize operational efficiency, reduce operational risk and more effectively manage their counterparty credit risks. The Omgeo derivatives offering will be available for all Omgeo clients, including hedge funds, investment managers, prime brokers, broker/dealers and custodians.
"We are thrilled to join the Omgeo community," said Mark James, managing director of Allustra. "Over the past seven years, we have strived for excellence in the collateral management space. By aligning with Omgeo, the market leader for providing operational stability in the post-trade world, and by continuing to partner closely with our clients we will keep developing the ground-breaking solutions required by the market."
"Given that our research in the market indicated a growing need for a centralized solution for reconciling portfolios of derivatives, we decided to combine our market-proven reconciliation technology with the Omgeo infrastructure to address this critical need. We have invested five years of research and development on addressing the unique problems of reconciling portfolios of derivatives and are excited about delivering that capability to the Omgeo community," said Brian Lynn, CTO and founder of GEM.
Omgeo will continue to expand its derivatives suite of services. Next year, Omgeo Central Trade Manager(SM) will offer functionality for exchange-traded derivatives. Other enhancements will also be made over the next several months.
Trading Metrics
The Trading Metrics software tracks all trades conducted through TORA Compass(TM) and measures the order receipt, order processing and exchange execution times with microsecond accuracy. Analysis, reports and alerts are automatically generated in real-time by the software and provided to Tora customers using TORA Compass. Over US$25 billion in transactions are processed each month through TORA Compass, including over 25% of all electronic trading on the Tokyo Stock Exchange.
"Deploying Trading Metrics software provides us with the means to track trades processed by TORA Compass on an 'end to end' basis," said Eric Sun, CTO of Tora. "Tora and our clients will benefit from the capability to analyze and report on the time each order is received, the speed at which each trade is processed by the broker, and the partial or complete execution speed of each exchange."
"Our software allows brokers to separate and report on exchange delays versus order handling or brokerage delays," said Jeff Drew, CEO Trading Metrics. "Execution Management Service providers and Agency Brokers want to establish quality of service levels in order to compete for order flows. To do this, they must measure and report trade execution speed while identifying delays that occur at the exchange, outside of the brokers' or EMS application's control," continued Drew.
"Most of our clients have the ability to trade with different brokers in any one market. In Asia, there can be considerable performance differences across different Broker DMA environments as well as performance differences across the exchanges themselves. With Trading Metrics software we are able to compare, in real time, how fast our clients' orders are processed across different brokers and exchanges. We believe this will give our clients and our brokers meaningful information which will influence their trading strategies," observed Sun.
"Deploying Trading Metrics software provides us with the means to track trades processed by TORA Compass on an 'end to end' basis," said Eric Sun, CTO of Tora. "Tora and our clients will benefit from the capability to analyze and report on the time each order is received, the speed at which each trade is processed by the broker, and the partial or complete execution speed of each exchange."
"Our software allows brokers to separate and report on exchange delays versus order handling or brokerage delays," said Jeff Drew, CEO Trading Metrics. "Execution Management Service providers and Agency Brokers want to establish quality of service levels in order to compete for order flows. To do this, they must measure and report trade execution speed while identifying delays that occur at the exchange, outside of the brokers' or EMS application's control," continued Drew.
"Most of our clients have the ability to trade with different brokers in any one market. In Asia, there can be considerable performance differences across different Broker DMA environments as well as performance differences across the exchanges themselves. With Trading Metrics software we are able to compare, in real time, how fast our clients' orders are processed across different brokers and exchanges. We believe this will give our clients and our brokers meaningful information which will influence their trading strategies," observed Sun.
Saturday, 13 September 2008
EquiLend
EquiLend is a leading provider of trading services for the securities finance industry. With its robust suite of automated trading tools, EquiLend enables its clients to scale their businesses with great efficiency on a global basis in all securities finance markets. Used by borrowers and lenders throughout the world, the EquiLend platform automates formerly manual trading and post-trade processes. Using EquiLend's complete end-to-end services reduces the risk of potential errors and eliminates the need to maintain costly point-to-point connections while allowing firms to drive down unit costs. Firms can then free more resources to expand their business and grow trading volumes without increasing costs. This makes the EquiLend platform a cost-effective choice for all institutions, regardless of their size.
Thursday, 11 September 2008
GL Trade Launches Web Deriviatives Trading TOOL
GL TRADE, has launched GL Tr@der, a web-based derivatives trading workstation.
GL Tr@der is intended for trading desks at brokerage houses and their clients. Because the workstation is a 'thin client' and requires no software installation at the user’s PC, IT implementation and support costs can be kept very low, especially for distributed populations such as the clients of an international broker. GL TRADE can host web servers and gateways to further simplify management of the technology.
GL Tr@der is based on the architecture and features of the existing thin-client option of OBMS (GL TRADE’s specialist order management system for derivatives trading). The new product is thus built on a proven technology base, with several years of field experience and over 1,500 installed stations. It runs in a web browser, using Java applets downloaded at login.
The main client benefits of this product consist in providing a full-function professional workstation that is also very easy to set up and use, and which enables access to over 50 global derivatives markets via GL TRADE’s unrivalled range of exchange gateways.
With this new product, GL TRADE aims in particular to facilitate for brokers the roll-out of trading solutions to their clients. A broker can get new clients trading with him within minutes at a GL Tr@der screen. This should help to expand further the use of electronic client-to-broker trading: the benefits of this mode of working relative to telephone trading are clear, in terms of speed, efficiency and avoidance of errors in transcription.
Michael Hughes, Front Office Derivatives Product Manager at GL TRADE, said: “This solution delivers real cost-effectiveness for large-scale deployments: it is easy to distribute, operate and support. The workstation will be especially valuable for current GL TRADE clients, as it can use the same gateways to exchanges and other central infrastructure that they have installed already.”
GL Tr@der is intended for trading desks at brokerage houses and their clients. Because the workstation is a 'thin client' and requires no software installation at the user’s PC, IT implementation and support costs can be kept very low, especially for distributed populations such as the clients of an international broker. GL TRADE can host web servers and gateways to further simplify management of the technology.
GL Tr@der is based on the architecture and features of the existing thin-client option of OBMS (GL TRADE’s specialist order management system for derivatives trading). The new product is thus built on a proven technology base, with several years of field experience and over 1,500 installed stations. It runs in a web browser, using Java applets downloaded at login.
The main client benefits of this product consist in providing a full-function professional workstation that is also very easy to set up and use, and which enables access to over 50 global derivatives markets via GL TRADE’s unrivalled range of exchange gateways.
With this new product, GL TRADE aims in particular to facilitate for brokers the roll-out of trading solutions to their clients. A broker can get new clients trading with him within minutes at a GL Tr@der screen. This should help to expand further the use of electronic client-to-broker trading: the benefits of this mode of working relative to telephone trading are clear, in terms of speed, efficiency and avoidance of errors in transcription.
Michael Hughes, Front Office Derivatives Product Manager at GL TRADE, said: “This solution delivers real cost-effectiveness for large-scale deployments: it is easy to distribute, operate and support. The workstation will be especially valuable for current GL TRADE clients, as it can use the same gateways to exchanges and other central infrastructure that they have installed already.”
Interactive Data Corporation in Turquoise Connectivity
Interactive Data Corporation (NYSE: IDC), a provider of financial market data, analytics and related services, today announced that its Real-Time Services business has made data from the Turquoise multilateral trading facility (MTF) available via PlusFeedSM. PlusFeed is Interactive Data’s consolidated high-quality, low latency digital datafeed that powers algorithmic and electronic trading applications.
Data from the Turquoise MTF, whose members include the largest banks and brokers active in European trading, as well as specialist trading firms and institutions, has been in production on PlusFeed since 15 August 2008 and is available to Interactive Data’s PlusFeed clients from the commencement of live trading. Since 29 August the Turquoise platform has stepped up its production capabilities and now trades in over 1,250 stocks across 13 European markets ahead of its public launch later in September.
Yann L’Huillier, chief technology officer of Turquoise, said: "We are pleased that low‐latency data provider Interactive Data is making Turquoise data available to its clients, as we see it as essential that financial institutions are able to access the data we produce as quickly as possible.”
David Hann, general manager, EMEA, Interactive Data Real-Time Services, commented: "Adding Turquoise data to PlusFeed is an important step forward for us.
Since the Markets in Financial Instruments Directive (MiFID) was implemented on 1 November 2007, Interactive Data has seen significant increases in the volume of trades and in the number of instruments on the new data sources available via PlusFeed. And the numbers indicate that this growth is continuing.”
Interactive Data’s Managed Solutions business will also carry Turquoise data on Market Data Gateway as part of a new ECN package. Market Data Gateway is a fast and flexible open platform enabling the aggregation and normalisation of financial market data from various sources. Interactive Data’s PrimePortal and PrimeDeveloper clients will have the option of subscribing to the new ECN package, while PrimeTerminal clients will receive the data as part of their contributor data package.
Interactive Data offers a number of new OTC data services via PlusFeed as part of its MiFID product roadmap. These include full coverage of BOAT data, OTC services from the London Stock Exchange, Euronext, Wiener Börse, Deutsche Börse, PLUS Markets Levels 1 and 2 data, and Chi-X Levels 1 and 2 data.
Data from the Turquoise MTF, whose members include the largest banks and brokers active in European trading, as well as specialist trading firms and institutions, has been in production on PlusFeed since 15 August 2008 and is available to Interactive Data’s PlusFeed clients from the commencement of live trading. Since 29 August the Turquoise platform has stepped up its production capabilities and now trades in over 1,250 stocks across 13 European markets ahead of its public launch later in September.
Yann L’Huillier, chief technology officer of Turquoise, said: "We are pleased that low‐latency data provider Interactive Data is making Turquoise data available to its clients, as we see it as essential that financial institutions are able to access the data we produce as quickly as possible.”
David Hann, general manager, EMEA, Interactive Data Real-Time Services, commented: "Adding Turquoise data to PlusFeed is an important step forward for us.
Since the Markets in Financial Instruments Directive (MiFID) was implemented on 1 November 2007, Interactive Data has seen significant increases in the volume of trades and in the number of instruments on the new data sources available via PlusFeed. And the numbers indicate that this growth is continuing.”
Interactive Data’s Managed Solutions business will also carry Turquoise data on Market Data Gateway as part of a new ECN package. Market Data Gateway is a fast and flexible open platform enabling the aggregation and normalisation of financial market data from various sources. Interactive Data’s PrimePortal and PrimeDeveloper clients will have the option of subscribing to the new ECN package, while PrimeTerminal clients will receive the data as part of their contributor data package.
Interactive Data offers a number of new OTC data services via PlusFeed as part of its MiFID product roadmap. These include full coverage of BOAT data, OTC services from the London Stock Exchange, Euronext, Wiener Börse, Deutsche Börse, PLUS Markets Levels 1 and 2 data, and Chi-X Levels 1 and 2 data.
Wizetrade Releases CommandTRADE
The Wizetrade Group has released CommandTRADE(R) FX, a trend recognition software program designed to help individual investors leverage the enormous power of automation when it comes to trading foreign currencies in the (spot) FOREX market. This groundbreaking software is truly unique in that it can automatically scan, find, and execute ideal currency trades -- based on traders' specific entry and exit points -- through an integrated broker, all while traders are away from their computers and living their lives.
Traders can take advantage of the extended hours of the (spot) FOREX market now that CommandTRADE FX can scout the market and execute trades, in conjunction with an integrated broker, even while the trader is fast asleep. Additionally, the automation of the software further enables individual traders to take their emotions out of their trading endeavors, one of the greatest challenges many traders face.
"CommandTRADE FX promises to revolutionize the way individuals trade currencies and further empowers individual investors," said John Dankovchik, president of The Wizetrade Group. "CommandTRADE FX permits traders to run strategies in a 24/7 environment, while taking advantage of optimal entry and exit points that normally could have been missed when trading manually. CommandTRADE FX truly offers that distinct trading advantage that traders dream about."
Wizetrade offers completely free online demos to all prospective traders who call the company at 888.348.0023. "These demos are an excellent way for individuals to introduce themselves to this great technology platform," Dankovchik said. "Additionally, individuals can get answers to any questions they may have about creating their own home- or office-based currency trading command center."
CommandTRADE FX is the latest software released by Wizetrade, the investor software and education company that instills confidence through innovative training and tools, thus enabling people to be actively involved in their financial future and successful on their own terms.
Traders can take advantage of the extended hours of the (spot) FOREX market now that CommandTRADE FX can scout the market and execute trades, in conjunction with an integrated broker, even while the trader is fast asleep. Additionally, the automation of the software further enables individual traders to take their emotions out of their trading endeavors, one of the greatest challenges many traders face.
"CommandTRADE FX promises to revolutionize the way individuals trade currencies and further empowers individual investors," said John Dankovchik, president of The Wizetrade Group. "CommandTRADE FX permits traders to run strategies in a 24/7 environment, while taking advantage of optimal entry and exit points that normally could have been missed when trading manually. CommandTRADE FX truly offers that distinct trading advantage that traders dream about."
Wizetrade offers completely free online demos to all prospective traders who call the company at 888.348.0023. "These demos are an excellent way for individuals to introduce themselves to this great technology platform," Dankovchik said. "Additionally, individuals can get answers to any questions they may have about creating their own home- or office-based currency trading command center."
CommandTRADE FX is the latest software released by Wizetrade, the investor software and education company that instills confidence through innovative training and tools, thus enabling people to be actively involved in their financial future and successful on their own terms.
Tuesday, 9 September 2008
Trading Metrics
Trading Metrics (TM) Inc. is a privately held company with venture-backed funding from VantagePoint Partners. The company was founded to help brokers build and deploy latency tracking systems. In 2007, Trading Metrics accepted venture funding to expand its offerings and to address the requirements of the Capital Market sector for a software platform that is quickly deployed, easily expandable and globally available. In 2008, Trading Metrics launched two products: Trading Latency Metrics (TM) to track the speed of trade handling and executions, and Market Latency Metrics(TM) to detect latency in Market Data and data distribution systems. Market Latency Metrics is resold worldwide by Reuters(TM) who markets the solution as Reuters Latency Monitor.
Saturday, 6 September 2008
LPL Financial Launches Integrated Advisor Solution
LPL Financial Corporation announced today plans to continue to expand its product and service offering with introduction of an integrated advisor solution platform, supporting independent Registered Investment Advisors (RIA) and Hybrid (dually registered) advisors. This platform enables advisors to address all of their clients' commission and fee-based needs while also allowing them the flexibility to grow their independent RIA offering across any business model. LPL Financial plans to roll this offering out in late 2008.
LPL Financial will provide RIA and Hybrid advisors one of the most comprehensive offerings available, with access to a broad range of investment services and products, dedicated and experienced service staff, and best-in-breed technology. As part of the formal market rollout, LPL Financial will also be offering prospective financial advisors high-touch transition services to ensure a smooth on-boarding process.
"We view our continued expansion into the RIA and Hybrid markets as a key growth driver for the LPL Financial business, and especially our financial advisors' businesses in 2008 and beyond," said LPL Financial CEO, Mark Casady. "With this new offering, LPL Financial is redefining the idea of independent advice. This further demonstrates our commitment to provide independent advisors with a conflict-free and unbiased approach to allow them to grow their business on their terms."
The company has appointed industry veteran, Gary Gallagher, to Executive Vice President, Head of RIA Services. Based in Boston, Mr. Gallagher will report to Esther Stearns, President and COO, and is responsible for building out the RIA and Hybrid business at LPL Financial.
"We have tremendous confidence that Gary's experience in the RIA and Hybrid marketplace, combined with his impressive track record at a number of leading financial institutions, will allow us to build out an industry-leading offering that is critical to supporting this unique advisor group," said LPL Financial President and COO Esther Stearns. "The understanding and commitment Gary brings to this position underscore our continued dedication at LPL Financial to delivering the most choice and flexibility to our independent advisors."
LPL Financial will provide RIA and Hybrid advisors one of the most comprehensive offerings available, with access to a broad range of investment services and products, dedicated and experienced service staff, and best-in-breed technology. As part of the formal market rollout, LPL Financial will also be offering prospective financial advisors high-touch transition services to ensure a smooth on-boarding process.
"We view our continued expansion into the RIA and Hybrid markets as a key growth driver for the LPL Financial business, and especially our financial advisors' businesses in 2008 and beyond," said LPL Financial CEO, Mark Casady. "With this new offering, LPL Financial is redefining the idea of independent advice. This further demonstrates our commitment to provide independent advisors with a conflict-free and unbiased approach to allow them to grow their business on their terms."
The company has appointed industry veteran, Gary Gallagher, to Executive Vice President, Head of RIA Services. Based in Boston, Mr. Gallagher will report to Esther Stearns, President and COO, and is responsible for building out the RIA and Hybrid business at LPL Financial.
"We have tremendous confidence that Gary's experience in the RIA and Hybrid marketplace, combined with his impressive track record at a number of leading financial institutions, will allow us to build out an industry-leading offering that is critical to supporting this unique advisor group," said LPL Financial President and COO Esther Stearns. "The understanding and commitment Gary brings to this position underscore our continued dedication at LPL Financial to delivering the most choice and flexibility to our independent advisors."
gnuTrade - online trading platform
gnuTrade's Features
Trading on price movements
Game-like trading screen with colourful graphics and sounds to enhance the trading experience
Free access to live prices of the world's major stock indices, global currencies, popular commodities and bonds
Unlimited play-money account to help learn or practice trading
Clear, jargon-free trading guides to help you learn about financial markets and how to use the gnuTrade system
Low bet amounts and minimum deposit of £20, €30 or $30 for real money trading
Unique 'per point', 'basic' and 'back a player' bets
Ways to profit whether markets go up or down
Special tradePeak feature gives you instant insight into how other players are trading
Automatic 'stop loss' feature to help limit risk
Live chat help desk
Trading forums and chat rooms to exchange opinions and ideas with other members
News section with regular updates on world news stories of the day
Option to create weekly or daily graphs of each market's performance
No commissions or stamp duty to pay
No brokers or transaction fees
Tax-free profits (if you are not a UK resident, you may be subject to taxes in your country of residence.)
Free, advanced software - no downloads
Quick, secure payout and deposit methods
Trading on price movements
Game-like trading screen with colourful graphics and sounds to enhance the trading experience
Free access to live prices of the world's major stock indices, global currencies, popular commodities and bonds
Unlimited play-money account to help learn or practice trading
Clear, jargon-free trading guides to help you learn about financial markets and how to use the gnuTrade system
Low bet amounts and minimum deposit of £20, €30 or $30 for real money trading
Unique 'per point', 'basic' and 'back a player' bets
Ways to profit whether markets go up or down
Special tradePeak feature gives you instant insight into how other players are trading
Automatic 'stop loss' feature to help limit risk
Live chat help desk
Trading forums and chat rooms to exchange opinions and ideas with other members
News section with regular updates on world news stories of the day
Option to create weekly or daily graphs of each market's performance
No commissions or stamp duty to pay
No brokers or transaction fees
Tax-free profits (if you are not a UK resident, you may be subject to taxes in your country of residence.)
Free, advanced software - no downloads
Quick, secure payout and deposit methods
Friday, 5 September 2008
SaxoTrader
With SaxoTrader you get full access to all Saxo Bank's trading products through a multi asset trading platform.
20-day free demo account with $100.000 to practise on
Private, individual or joint accounts
Complete range of stocks, funds, currency crosses, futures contracts and more
Direct access to Saxo Bank dealers and a comprehensive customer service offering
Minimum account opening balance is USD 10,000 or equivalent
20-day free demo account with $100.000 to practise on
Private, individual or joint accounts
Complete range of stocks, funds, currency crosses, futures contracts and more
Direct access to Saxo Bank dealers and a comprehensive customer service offering
Minimum account opening balance is USD 10,000 or equivalent
Thursday, 4 September 2008
SaxoWebTrader
SaxoWebTrader's features from Saxo Bank
Trade 160+ FX crosses (incl. Spot Gold/Silver) and 6,000+ CFDs with more asset classes coming soon
Double leverage available on a range of single-stock CFDs and all Index-tracking CFDs
No downloading or installation required
New user-friendly interface with enhanced workspace flexibility
One-click trading for fast execution
Two-way dealer chat - direct access to our dealers and research from Saxo Bank and other major financial institutions
Real-time FX prices and constant updating of your Account Summary
Reliability of trading with a fully licensed and regulated European bank
Trade 160+ FX crosses (incl. Spot Gold/Silver) and 6,000+ CFDs with more asset classes coming soon
Double leverage available on a range of single-stock CFDs and all Index-tracking CFDs
No downloading or installation required
New user-friendly interface with enhanced workspace flexibility
One-click trading for fast execution
Two-way dealer chat - direct access to our dealers and research from Saxo Bank and other major financial institutions
Real-time FX prices and constant updating of your Account Summary
Reliability of trading with a fully licensed and regulated European bank
Ava FX
Ava FX is an on-line forex trading brokers, with over 50,000 registered customers worldwide and volumes of more than $20 billion a month. Founded in 2006 by a team of financial professionals and experts in Internet technology.
Ava FX's claimed unique selling point in the world of on-line trading is its user-oriented perspective. While many other trading sites are merely on-line extensions of banking institutions, Ava FX was designed by retail traders who understand the needs of this new and growing market sector. They have a multi-lingual, 24-hour support center to their advanced interface design, Ava FX is built around the user. Their proprietary software leverages the power of the world’s leading banks and financial institutions while providing consumers with an easy-to-use yet functionally rich trading environment.
Ava FX is backed by a major financial institution with over $17 billion in assets under management and is rated “A+” by an S&P affiliated rating agency.
Ava FX's claimed unique selling point in the world of on-line trading is its user-oriented perspective. While many other trading sites are merely on-line extensions of banking institutions, Ava FX was designed by retail traders who understand the needs of this new and growing market sector. They have a multi-lingual, 24-hour support center to their advanced interface design, Ava FX is built around the user. Their proprietary software leverages the power of the world’s leading banks and financial institutions while providing consumers with an easy-to-use yet functionally rich trading environment.
Ava FX is backed by a major financial institution with over $17 billion in assets under management and is rated “A+” by an S&P affiliated rating agency.
Wednesday, 3 September 2008
HighlineFI
FlexAccess: The Most Accurate Data, Your Way
HighlineFI provides comprehensive financial data and analytic solutions that can be tailored exactly to meet a company's specific needs. FlexAccess powers the most timely and comprehensive always-on data solution in the industry. Each HighlineFI subscription includes: 24-7-365 access; modularized pricing to best fit any budget and set of data requirements; flexible subscriptions starting at one year; highly customizable data sets; and, free support and training via telephone and e-mail.
Cross-Entity Peer Grouping and Analysis
HighlineFI features powerful functionality that enables direct comparisons of financial entities of different types, all in a single, easy-to-use interface. Whether an organization's market landscape includes banks, S&Ls, credit unions, holding companies or all four, HighlineFI allows you to build meaningful and actionable comparisons across all entity types. Utilizing thousands of balance-sheet line items from 10 years of regulatory data, customers are able to drill down to precisely the comparison that their business objectives require.
Virtual Regulatory Data for Non-Filing Companies
HighlineFI fills in the traditional gaps in regulatory banking data with an innovative solution. Through a detailed analysis and summation of the subsidiary data that is available for all companies, customers can access financial data for companies that are not required to file actual regulatory data. In this way, HighlineFI enables easy access to, and comparative analysis of, foreign companies, S&L holding companies, and other non-filers, potentially saving weeks of an analyst's work to achieve the same results.
Publicly Traded Bank Data
HighlineFI is the most comprehensive, timely and accurate source for PTB data, including financial statements, SEC documents, news articles, earnings estimates, market data and more for over 1400 companies, dating back 10 years. Manually updated daily by Highline Financial's professional analysts, new information is culled from a variety of sources and available for on-demand access.
M&A Analysis
HighlineFI is the complete solution for consultants, financial institutions, investment bankers, and government agencies to monitor, assess, target, and execute a wide range of merger and acquisition activity. In addition to a vast M&A database (dating back to 1993) and online M&A tracking and reporting, HighlineFI's M&A capabilities include state-of-the-art mapping software, as well as demographic and product demand data to enable detailed scenario analysis based on real-time market conditions and product usage.
Excel(R) Interoperability
HighlineXL, HighlineFI's Microsoft Excel Add-in, is included with every subscription to enable access to the advanced customized modeling and presentation capabilities that Excel offers. HighlineXL automatically empowers users with up-to-the-minute live data updates, to keep customers' analyses as current as the data is available. The add-in gives you the ability to easily incorporate data from multiple entities into one spreadsheet, via a point-and-click, wizard-based interface.
HighlineFI provides comprehensive financial data and analytic solutions that can be tailored exactly to meet a company's specific needs. FlexAccess powers the most timely and comprehensive always-on data solution in the industry. Each HighlineFI subscription includes: 24-7-365 access; modularized pricing to best fit any budget and set of data requirements; flexible subscriptions starting at one year; highly customizable data sets; and, free support and training via telephone and e-mail.
Cross-Entity Peer Grouping and Analysis
HighlineFI features powerful functionality that enables direct comparisons of financial entities of different types, all in a single, easy-to-use interface. Whether an organization's market landscape includes banks, S&Ls, credit unions, holding companies or all four, HighlineFI allows you to build meaningful and actionable comparisons across all entity types. Utilizing thousands of balance-sheet line items from 10 years of regulatory data, customers are able to drill down to precisely the comparison that their business objectives require.
Virtual Regulatory Data for Non-Filing Companies
HighlineFI fills in the traditional gaps in regulatory banking data with an innovative solution. Through a detailed analysis and summation of the subsidiary data that is available for all companies, customers can access financial data for companies that are not required to file actual regulatory data. In this way, HighlineFI enables easy access to, and comparative analysis of, foreign companies, S&L holding companies, and other non-filers, potentially saving weeks of an analyst's work to achieve the same results.
Publicly Traded Bank Data
HighlineFI is the most comprehensive, timely and accurate source for PTB data, including financial statements, SEC documents, news articles, earnings estimates, market data and more for over 1400 companies, dating back 10 years. Manually updated daily by Highline Financial's professional analysts, new information is culled from a variety of sources and available for on-demand access.
M&A Analysis
HighlineFI is the complete solution for consultants, financial institutions, investment bankers, and government agencies to monitor, assess, target, and execute a wide range of merger and acquisition activity. In addition to a vast M&A database (dating back to 1993) and online M&A tracking and reporting, HighlineFI's M&A capabilities include state-of-the-art mapping software, as well as demographic and product demand data to enable detailed scenario analysis based on real-time market conditions and product usage.
Excel(R) Interoperability
HighlineXL, HighlineFI's Microsoft Excel Add-in, is included with every subscription to enable access to the advanced customized modeling and presentation capabilities that Excel offers. HighlineXL automatically empowers users with up-to-the-minute live data updates, to keep customers' analyses as current as the data is available. The add-in gives you the ability to easily incorporate data from multiple entities into one spreadsheet, via a point-and-click, wizard-based interface.
Friday, 29 August 2008
IDS Scheer ARIS Certification
IDS Scheer has been awarded The Open Group Architecture Framework (TOGAF) Support Tool certification status for its ARIS Solution for Enterprise Architecture Management.
Efficient enterprise architectures allow for sustainable long and short term cost reductions by effectively managing complex structures and connections between corporate strategy, business processes and IT.
As a member of The Open Group — an independent organisation focusing on open standards and global interoperability within and between companies— IDS Scheer can now influence the future direction of drives TOGAF. IDS Scheer UK also has TOGAF certified consultants, who can assist customers in developing TOGAF based EA solutions. This emphasises Furthermore, Gartner and Forrester’s have positioninged of IDS Scheer as market leaders for enterprise architecture solutions.
To coincide with the certification, IDS Scheer has launched ARIS IT Inventory, a new core product within the ARIS Solution for Enterprise Architecture Management. This new product will help companies plan their IT landscapes and alignment to the business within a process-based environment.
The ARIS IT Inventory enhances the solution with the addition of a web-based, user-friendly maintenance component for applications, technologies and infrastructure information. This new feature, designed to allow the publication of IT system information via the Intranet, provides users with web-based input screens to maintain application and technology data.
The scalability of ARIS IT Inventory for large user groups makes it possible to quickly generate decentralised IT system inventories while supporting the simultaneous processing of system data and descriptions by multiple users. The ARIS Platform then uses this IT system inventory to produce a complete IT planning environment with an integrated database, the ARIS Repository. This enables them to respond in a flexible and agile way to changing market situations and continuously boost their performance.
Efficient enterprise architectures allow for sustainable long and short term cost reductions by effectively managing complex structures and connections between corporate strategy, business processes and IT.
As a member of The Open Group — an independent organisation focusing on open standards and global interoperability within and between companies— IDS Scheer can now influence the future direction of drives TOGAF. IDS Scheer UK also has TOGAF certified consultants, who can assist customers in developing TOGAF based EA solutions. This emphasises Furthermore, Gartner and Forrester’s have positioninged of IDS Scheer as market leaders for enterprise architecture solutions.
To coincide with the certification, IDS Scheer has launched ARIS IT Inventory, a new core product within the ARIS Solution for Enterprise Architecture Management. This new product will help companies plan their IT landscapes and alignment to the business within a process-based environment.
The ARIS IT Inventory enhances the solution with the addition of a web-based, user-friendly maintenance component for applications, technologies and infrastructure information. This new feature, designed to allow the publication of IT system information via the Intranet, provides users with web-based input screens to maintain application and technology data.
The scalability of ARIS IT Inventory for large user groups makes it possible to quickly generate decentralised IT system inventories while supporting the simultaneous processing of system data and descriptions by multiple users. The ARIS Platform then uses this IT system inventory to produce a complete IT planning environment with an integrated database, the ARIS Repository. This enables them to respond in a flexible and agile way to changing market situations and continuously boost their performance.
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