Scottrade Selects Trade-Ideas
Scottrade Selects Trade-Ideas
Nov 15, 2005
An official press release is pending, but ScottradeELITE® traders are now more efficient predators in the market thanks to the integration of Trade-Ideas’ Idea Generation Technology (IGT). The official rollout begins after today’s closing bell.
ST. LOUIS, MO and ENCINITAS, CA – Scottrade, a leading online brokerage, and Trade-Ideas, publishers of real-time, custom filtered market data, announced today that they have partnered to offer Trade-Ideas’ Idea Generation Technology, to Scottrade customers who use ScottradeELITE®, Scottrade’s advanced platform for active traders. Scottrade is the first major discount brokerage to offer Trade-Ideas on its retail active-trader platform.
Covering stocks, futures, ETFs, indices, and other derivatives on every U.S. exchange, Trade-Ideas acts as thousands of eyes watching the markets in real-time for customer selected set-ups and patterns. Trade-Ideas improves a customer’s market performance and risk management by offering:
- Answers to active traders most common question: “What should I be trading today?”
- An easy to navigate and graphical interface for modeling customer trading plans
- Filtered ideas published in real-time that match customer preferences for trading.
- Backtesting of any model to determine the quality and frequency of alerts generated
ScottradeELITE is a fully customizable platform that offers advanced tools to help active traders find opportunities in the market and make quick trading decisions. These traders demand the idea generation and risk management that Trade-Ideas offers, as well as the other advanced tools and technical indicators available through ScottradeELITE. Trade-Ideas can be used in conjunction with the other trading tools, including charts, news and research, already available through the platform. Trade-Ideas will be available to ScottradeELITE users for a monthly fee. That fee will be waived if they execute a certain number of trades each month. Details are soon to follow.
As a pure pattern recognition tool, Trade-Ideas’ focus is on providing next level analytics and decision support via its browser-based or downloadable platform. Via Trade-Ideas clients customize an inventory of alerts and filters to produce a unique view of the markets: theirs.Recent reviews from Barron’s, HedgeWorld, Active Trader, The Trade (UK), Stock & Commodities magazine, stock newsletters, and leading brokers describe the service as an accurate, discriminating alert provider that is flexible, simple to deploy, and easy to use. A free demo is available and requires no payment information to get started. For additional product information visit: https://trade-ideas.54solutions.com.
Now in its 25th year, Scottrade is a leader in online investing and was named Highest in Investor Satisfaction with Online Trading Services by J.D. Power and Associates (http://www.jdpower.com/) for the sixth consecutive time. Scottrade serves individual investors who are comfortable making their own investment decisions. Scottrade is unique in the industry because it boasts very low commission rates while offering easily accessible, local branch office support of online trading in 244 locations nationwide. Scottrade.com is the online trading site of Scottrade and offers customers the convenience of placing market orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each branch location with a licensed branch manager plus additional brokers and assistants.