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Wednesday, August 31st, 2011

The Graphical Tape Reader

Showing you a completely new way to read the tape. Many traders try to do different things to get a feel for the market. And what we want to show you is a new innovative way to get a sense of what is going on the market now. On the left-hand side of the window, you can see a long window that is titled "Quantalitics." What this window is showing you is all relevant events in the market without the need to see the symbols attached to it. Simply as a way to read the tape. What's exciting about this is that we have used streamed data combined with graphical user interface to give you a completely unique feel for what is going on in the market right now. The icons on the left side give you a high level overview of the significance of the events. You can clearly see when new five minutes, ten minute lows, or new daily lows are happening. On the right side you can see exactly what is the position in range of the entity that is causing the event, whether it's a green bar or a red bar. In addition, on the right side and less space is where is the stock in its position to yesterdays range. If you are seeing green bars, you can see the stock may be trading lower today but is still above yesterdays high. Finally on the right side, there's a graphical indicator of the volume. If it's touching all of the way to right, that means the stock is already trading more than the average daily volume for today. This little tool gives you a "heads up" display of whats happing in the market right now. There's always a tug in the market between the bulls and the bears. It's not easy to get a feel for who is winning the tug of war. But this event, this overall tape reader, is probably the most interesting and unique way to get that feel. Imagine you are a surfer, and you are waiting on a set, you are trying to size up what is coming by having a feel for how the waves are feeling under your board. This is exactly that kind of interface. Notice how i also have two positions that I am watching, so that I'm not only watching the tape on the left side, but I am watching how that tape is affecting my P&L and seeing if there is anything I need to do based on the overall effect of the data flow. Our goal is to bring you the newest and most interesting technology available to make more informed trading decisions. We think that this way, visualizing the data, is one of the most interesting and powerful ways for you to be an advantage player and get to a higher level of alpha than you have ever done before.


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