|
PureBytes Links
Trading Reference Links
|
----- Original Message -----
From: "r00t" <bunk@xxxxxxxxxxxx>
To: <qcharts@xxxxxxxxxxx>
Sent: Tuesday, September 12, 2000 1:44 AM
Subject: [qcharts] Press Release
> -------------------------- eGroups Sponsor -------------------------~-~>
> GET A NEXTCARD VISA, in 30 seconds! Get rates
> of 2.9% Intro or 9.9% Ongoing APR* and no annual fee!
> Apply NOW!
> http://click.egroups.com/1/9146/13/_/531232/_/968741091/
> ---------------------------------------------------------------------_->
>
> Just curious if/when quote.com is doing the same, because I was just
billed for the full $50 for this month--hoping it's only 10 next...
>
> >
> >Track Data ANNOUNCES LOWER FEES ON myTrack MARKET
> >DATA THANKS TO NASDAQ EXCHANGE FEE REDUCTION
> >
> >NEW YORK, NY-September 12, 2000-Track Data Corporation
> >(Nasdaq NMS: TRAC) today announced that with the Nasdaq's
> >reduction in exchange fees for individual investors, myTrack
> >members will see lower bills for market data.
> >
> >Nasdaq recently announced that effective this month, the $50
> >monthly fee for individuals to access Nasdaq Level II data
> >will drop to $10. This new fee schedule will be in effect
> >for at least one year.
> >
> >Nasdaq's fee reduction will have a substantial and positive
> >effect on myTrack, an integrated online brokerage and market
> >data service. The market data service is available at four
> >levels: basic (which is free), silver, gold, and platinum.
> >Monthly data service prices vary from $19.98 per month for
> >silver to $95 per month for platinum, plus exchange fees.
> >
> >Of course, "plus exchange fees" used to be the part that
> >could really cost individual investors. Not long ago,
> >real-time access to the NYSE, AMEX, and Nasdaq Levels I and
> >II cost about $65 per month. With this change in Nasdaq
> >pricing, that $65 is now down to $13-that's a $624 yearly
> >savings for individual investors.
> >
> >"The move will help myTrack, since it's a market data service
> >and direct access broker," said Rafi Reguer, Marketing
> >Director of Track Data. "Naturally, it hurts sales of a $95
> >service when you're forced to tack on another $65. But when
> >it's only $13, that will help individual investors afford a
> >good real-time market data service like ours. And since we
> >don't mark up the exchange fees, our myTrack members will
> >get 100% of the cost reduction."
> >
> >"I think Nasdaq should really be congratulated on this move,"
> >said Barry Hertz, Chairman and CEO of Track Data. "You hear
> >a lot about leveling the playing field for individuals, and
> >certain changes, such as the creation of ECNs, have made a
> >real difference. But the cost of real-time market data is
> >an issue that has often been overlooked in the past. In
> >fact, it has been a real barrier for individual investors.
> >$65 a month for an individual investor is a lot, but the
> >alternative-trying to invest without access to the real-time
> >data every professional has-is unacceptable to many investors.
> >Lowering the Nasdaq Level II fee to $10 is a real leveling
> >decision and I applaud the Nasdaq for this."
> >
> >Track Data is a New York-based financial services company that
> >provides real-time financial market data, news, and research
> >to institutional and individual investors through dedicated
> >telecommunication lines and the Internet.
> >
> >For individual investors, Track offers myTrack, a fully
> >integrated, Internet-based online trading and market data
> >system. myTrack's online trading has commissions starting at
> >$12.95 per trade and allows users the choice of where to route
> >their orders. myTrack's continuous, dynamic stream of live
> >market data is powered by application-based software and a
> >constant server connection similar to systems used by
> >professionals, making it faster than the HTML web-based static
> >pages offered by most of its competitors, such as Schwab
> >(NYSE: SCH), E*Trade (Nasdaq: EGRP), Ameritrade (AMTD), and TD
> >Waterhouse (NYSE: TWE). In addition to all the free data
> >supplied to myTrack users-streaming delayed quotes, company
> >news, charting for technical analysis, and a proprietary library
> >of intra-day market statistics-myTrack users can choose from a
> >selection of paid data and research, including streaming
> >real-time quotes and Nasdaq Level II. myTrack offers access
> >through PCs, browser phones, and PDAs, such as Palm Organizers
> >(made by Palm Inc. (Nasdaq: PALM)) and Visors
> >(made by Handspring (Nasdaq: HAND)).
> >
> >myTrack offers the first week of trading commission-free. To
> >open a trading account, go to http://www.mytrack.com or call
> >1-800-myTrack.
> >
>
>
> To unsubscribe from this group, send an email to:
> qcharts-unsubscribe@xxxxxxxxxxx
>
>
>
>
|