Posts Tagged ‘Online’

Online Broker TradeKing Announces Winners of Loyola API Challenge

Online Broker TradeKing Announces Winners of Loyola API Challenge

Fort Lauderdale, FL and Baltimore, MD (PRWEB) May 18, 2011

Online broker-dealer TradeKing (http://www.tradeking.com) today announced the winners of its TradeKing Loyola API Challenge. The TradeKing Loyola API Challenge was a first-of-its-kind contest to discover and showcase top technology innovation and business talent from a group of business and finance undergraduates from the Sellinger School of Business and Management at Loyola University Maryland. The Challenge encouraged students to leverage TradeKing’s new Application Programming Interface (API) to create innovative solutions, apps and mashups. The challenge resulted in the creation of some extremely innovative and ambitious interfaces and ideas. For the Loyola students, the Challenge offered the opportunity to roll up their sleeves and put their smarts against a real-life business challenge to show they have what it takes to create a first-gen, finance-focused technology application for investors. Students gained valuable skills in product management, technology/development team work and competitive analysis as they vied to create investor-ready apps that broke new ground. TradeKing and Loyola Judges sought unique solutions to common problems or tasks, as well as new but relevant approaches that were “outside the box.”

“TradeKing is taking a progressive step in opening to outside development a modern and accessible API to rapidly advance innovation,” said Dan Raju, CIO for TradeKing. “As part of that effort, we want the best, most intelligent developers to experiment with and drive innovation through the TradeKing API. The TradeKing Loyola API Challenge tapped the thinking of a talented group of undergraduate business and technology students, each of whom brought fresh thinking to the table. We congratulate the Challenge winners for the extensive time, effort and creativity they put into their work, and are extremely grateful to Loyola Professor Paul Tallon for his support.”

The Challenge, which kicked off on March 23 and concluded on April 30, judged students in four API-related categories, including 1) best and most creative use of the Tradeking API functions in a working app, 2) best combined use of the TradeKing API in a working app also utilizing another publicly available API (e.g., Google Finance, Yahoo! Finance, Facebook, Twitter), 3) best technical documentation of a completed and working app and 4) best submission of a Strategic Vision and Execution Plan document advising TradeKing on how to improve and expand upon its API strategy.

The response to the Challenge was overwhelmingly positive. Sixteen qualified individual and team entries were submitted, and the competition proved to be fierce among a number of extremely creative and diverse entries. Challenge winners were selected by a panel of judges including Raju; Don Montanaro, TradeKing Chairman and CEO; and Professor Tallon, associate professor of information systems and operations management at the Sellinger School. Challenge winners were awarded a cash prize.

“This was an amazing learning experience for our students,” said Professor Tallon. “To develop ideas for a next-generation application, students needed to draw upon a diverse body of knowledge spanning both IT and finance. They had to think outside the box. More importantly, they had to work in teams and under intense time pressure, knowing their classmates were equally driven to move their ideas from concept to execution. TradeKing has rewritten the rule book for how students learn in the classroom.”

About the TradeKing Loyola Campus Challenge Winners

Categories 1 and 3: Tony Florida & Stephen Febish

Florida, a Loyola junior who is also on the school’s varsity swimming team, and Febish, a senior who participates on Loyola’s varsity cross country and track and field teams, are both computer engineering majors. The team produced an innovative and well documented Android application that clients could use to interact with their TradeKing Accounts, WatchLists and perform multiple core brokerage functions. Florida said, “The Challenge was a wonderful experience for both of us. It was my first time working with an API, so I learned a great deal about that as well as trading stocks.”

As an outcome of his strong performance in the Challenge, Florida will also be joining TradeKing this summer as a paid intern in the firm’s Charlotte, N.C. location.

Categories 2 and 4: Paul Donovan, Paul Kelly and Michael Radovich

Donovan, Kelly and Radovich are all Loyola seniors. Donovan is a finance major and also serves as vice president of Loyola’s Financial Management Association. Kelly, a marketing major and information systems minor, spends time conducting marketing research for Howard County, Md. in an effort to better the community and drive the local economy. Radovich is a finance major and a member of Loyola’s Financial Management Association. He also writes investment articles for MarketNewsVideo.com and ETFChannel.com. The team created an impressive and thoughtful application that integrates TradeKing’s WatchList functionality with Twitter. Judges were particularly impressed with the team’s thought-provoking and relevant API vision document. The team said, “It was great to utilize what we learned in class and apply it to the TradeKing competition.”

About Loyola

Established in 1852, Loyola University Maryland is a Catholic, Jesuit comprehensive university comprising the Sellinger School of Business and Management; the School of Education; and Loyola College, home to the University’s arts and sciences programs. Loyola enrolls 3,700 undergraduate and 2,300 graduate students from across the country.

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees ($ 4.95 per trade plus $ .65 per option contract, $ 8.95 per trade plus $ .15 per options contract for nine or more contracts) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2011 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing,

Facebook at http://www.facebook.com/tradeking,

YouTube at http://www.youtube.com/tradeking,

LinkedIn at http://www.linkedin.com/company/tradeking.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Member FINRA/SIPC.

(1)    $ 4.95 for equity and option trades, add 65 cents per option contract. Trade more than 8 contracts, and we’ll automatically lower your cost to $ 8.95 per trade plus 15 cents per contract. TradeKing charges an additional $ 0.35 per contract on certain index products where the exchange charges fees. TradeKing adds $ 0.01 per share on the entire order for stocks priced less than $ 1.00. See our Commissions + Fees page at http://www.tradeking.com/fees for details on commissions on low-priced stocks, option spreads, and other securities.

(2)    TradeKing was ranked #1 in Customer Service in the SmartMoney June 2011 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Online Broker TradeKing Announces Line-up for November Free Webinar Series; Covers Strategies and Tools to Help Identify Trading Opportunities

Online Broker TradeKing Announces Line-up for November Free Webinar Series; Covers Strategies and Tools to Help Identify Trading Opportunities

Boca Raton, FL (PRWEB) October 29, 2010

Online broker dealer TradeKing (http://www.tradeking.com) today outlined the schedule for its November 2010 free online webinar series. TradeKing’s webinar series is designed to inform and educate all levels of traders, from rookies to veterans. This month’s topics focus on a combination of techniques designed to help more seasoned traders evaluate uncertain market conditions and everyday best practices and tools for beginning traders. They cover technical indicators to estimate market tops and bottoms, ways to approximate short-term market reversals, trading journals to measure personal performance, TradeKing’s “Fig Leaf Strategy” for the leveraged covered call, and how to use basic charts to confirm or refute trade ideas.

The November 2010 webinars will feature the following sessions: “Power Tools for Market Tops and Bottoms” with Chris Wilson of Cyclespreads.com; “Three Simple Methods for Gauging Market Reversals” with Andrew Hart of BigTrends.com; “Trading Journals: the Basics” with Darren Miller of Psychtrader.com; a continuation of the popular Options Playbook Series with “The Options Playbook Series, part 12: The Fig Leaf Strategy” from TradeKing’s Senior Options Analyst and Options Playbook author, Brian Overby; and “Charting for Real People,” with Michael Kahn of QuickTakesPro.com.

TradeKing’s webinars are free and open to all investors. The December 2010 webinar schedule will be available starting November 22.

November 2010 Webinar Schedule:

Tuesday, November 2 at 5pm ET

Power Tools for Market Tops and Bottoms

with Chris Wilson of Cyclespreads.com

Tuesday, November 9 at 5pm ET

Three Simple Methods for Gauging Market Reversals

with Andrew Hart of BigTrends.com

Tuesday, November 16 at 5pm ET

Trading Journals: The Basics

with Darren Miller of Psychtrader.com

Tuesday, November 23 at 5pm ET

The Options Playbook Series, part 12: The Fig Leaf Strategy

with Brian Overby of TradeKing.com

Tuesday, November 30 at 5pm ET

Charting for Real People

with Michael Kahn of QuickTakesPro.com

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker dealer offering simple, low trading fees ($ 4.95 per trade plus $ .65 per option contract) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple five-star ratings from top industry sources and was given five stars in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity and TD Ameritrade. (June 2009 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Multiple leg options strategies involve additional risks and multiple commissions, and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies.

Online trading system response and access times may vary due to market conditions, system performance, and other factors.

Member FINRA/SIPC.

(1)    Please see http://www.tradeking.com/fees for more details on trade commissions for low priced stock, bonds, mutual funds and other securities.

(2)    TradeKing was ranked #1 in Customer Service in the SmartMoney June 2010 Broker Survey based on the following categories: Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Online Broker TradeKing Invites Students to Generate New Thinking at the Intersection of IT and Finance During First-Ever $100K API Campus Challenge

Online Broker TradeKing Invites Students to Generate New Thinking at the Intersection of IT and Finance During First-Ever $ 100K API Campus Challenge

Fort Lauderdale, FL (PRWEB) August 03, 2011

Online broker-dealer TradeKing (http://www.tradeking.com) today announced the TradeKing $ 100K API Campus Challenge. This challenge is intended to drive a unique collaboration between academia and an industry leader like TradeKing to foster creativity and drive awareness about innovative entrepreneurial possibilities around Application Programming Interfaces (APIs). Born out of a groundbreaking pilot program conducted in Spring 2011 at the Sellinger School of Business and Management at Loyola University Maryland, the Fall 2011 semester-long TradeKing Challenge will provide undergraduate business/finance and technology students across the U.S. with real-life experience developing investment-focused “Apps” and “User Interfaces” using TradeKing’s API. The Challenge will be open to as many as 20 universities; already, a number of schools from across the U.S., ranging from large public universities to smaller independent colleges, have registered to compete. The deadline for schools to register for the Challenge is August 15.

The TradeKing Challenge uses the innovative concept of classroom crowdsourcing to encourage students to develop new web and mobile applications using the TradeKing API, potentially combining the TradeKing API with other APIs from websites such as Twitter, Facebook, Yahoo, and Google. Submissions will be judged by a panel including senior TradeKing executives; Professor Paul Tallon, associate professor of information systems and operations management at the Sellinger School; Jason Heltzer, Principal, OCA Ventures; Brian O’Malley, Partner, Battery Ventures; and Greg MacSweeney, Editorial Director of Wall Street & Technology magazine.

“We want to encourage creative and transformational thinking, and have designed the TradeKing $ 100K API Campus Challenge to foster these core cultural values while benefiting students, faculty and our clients alike,” said Don Montanaro, CEO and Chairman of TradeKing. “Students will get the opportunity to work alongside seasoned technology professionals to experience a real-world software development lifecycle and test their skills. Faculty can leverage the Challenge to enhance course content by demonstrating the value of stimulating new creative ideas in a fast-changing and highly competitive online financial services environment.

“And for our clients, we expect the outcome of the Challenge will be a wide variety of apps and optional customized trading experiences along with TradeKing’s commitment to provide the industry’s best service and support. We believe this is the first-ever use of crowdsourcing in partnership with academic institutions by a brokerage firm in the U.S., and we’re proud to take a leadership role in bringing the Challenge to life,” continued Montanaro.

“Feedback from my students who participated in the pilot Challenge at Loyola was overwhelmingly positive, and I thoroughly enjoyed guiding them through the process,” said Professor Tallon. “Students were challenged to draw upon a diverse body of knowledge spanning both IT and finance in creating a next-generation App. They had to think in new ways and collaborate under a strict deadline, knowing their classmates were equally driven to move their ideas from concept to execution. I encourage all universities to take advantage of this valuable opportunity for leveraging a new model for classroom learning.”

“Working with TradeKing’s API is particularly rewarding for out-of-the box thinkers, creative developers and technologists alike for a number of reasons,” commented Dan Raju, TradeKing’s CIO. “In addition to the deep functionality of our API, TradeKing is offering a high level of commitment to service, technical resources and simplified developer onboarding. We’re particularly focused on creating an outstanding developer experience in accessing and building great systems and Applications on our secure API.”

TradeKing will award up to $ 100,000 in total prize money in the Challenge, including prize money for winners from each of the 20 participating schools, divisional winners and a national $ 20,000 winner. The professors and schools where the winning students are enrolled will also receive cash prizes. The TradeKing $ 100K API Campus Challenge will kick off on September 12, 2011. Interested faculty and undergraduates can visit http://apicampuschallenge.com/ to learn more.

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees ($ 4.95 per trade plus $ .65 per option contract, $ 8.95 per trade plus $ .15 per options contract for nine or more contracts) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2011 SmartMoney Broker Survey.)

Follow TradeKing on Twitter at http://twitter.com/TradeKing,

Facebook at http://www.facebook.com/tradeking,

YouTube at http://www.youtube.com/tradeking,

LinkedIn at http://www.linkedin.com/company/tradeking.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Multiple leg options strategies involve additional risks and multiple commissions , and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies.

Member FINRA/SIPC.

(1)    $ 4.95 for equity and option trades, add 65 cents per option contract. Trade more than 8 contracts, and we’ll automatically lower your cost to $ 8.95 per trade plus 15 cents per contract. TradeKing charges an additional $ 0.35 per contract on certain index products where the exchange charges fees. TradeKing adds $ 0.01 per share on the entire order for stocks priced less than $ 1.00. See our Commissions + Fees page at http://www.tradeking.com/fees for details on commissions on low-priced stocks, option spreads, and other securities.

(2)    TradeKing was ranked #1 in Customer Service in the SmartMoney June 2011 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Online Stock Trading And Its Growing Significance

The internet technology has changed the very way life is led; the share market of India is no exception. Online share trading in India has witnessed such a big momentum that no matter where one is located, one can invest in the share market. With a few clicks of the mouse, one can have access to the live stock market, stock related news, recommended stocks charted out by market experts, and experience trading in a share. Furthermore, having access to the past performance of a particular share is easy online; in no time will your search facilitate you to taking the right decision i.e. choosing potential stocks. It is online share trading that is facilitating foreign investors to view the market conditions and accordingly invest in the share market of India. The result is pumping in of money amounting to billions which has resulted in the fast growth of the capital market.

For beginners, the share market of India will seem a difficult platform; getting confused about how to proceed in trading in a share is quite natural. In such a case, an online stock trading portal that offers brokerage solutions at par will well cater to your investing needs. Besides opening a trading account at such a portal, you can also get consistent guidance on how to go about. You will regularly get updated information relevant to your stock trading needs. There are no limitations involved in online stock trading. You can trade in as many stocks you want based on your preferences and budget. But an informed trading decision does yield results. You will certainly not want to just invest money in stocks that do not assure returns. To know about the potentiality of a particular stock, you can rely on an online stock trading platform for having access to all information related to the stock such as performance of the company for the past five years at least, rising and falling values of the share for a particular period, and related paraphernalia. Tips and tricks offered by market experts at such platforms can no doubt help you in taking wise decisions while trading in a share.

Besides online share trading, it is mutual funds that have been equally attracting investors. An online tock trading platform will update you with all potential mutual funds of India investing in which you can get good returns on your investment. Be it any mutual funds of India offered by reputed financial institutions like Tata, Reliance, SBI, HDFC, Birla Sun Life, LIC, and more, it is advisable to first read the details before investing. You can invest for a year and withdraw or continue investing for years together. Mutual funds encompass numerous kinds of securities such as cash, money market instruments, bonds, forwards, futures, options, swaps, and more. All mutual funds of India are subject to the respective investment objective as set forth in the particular fund’s prospectus. You can come across a wealth of information in the prospectus.

Online Broker TradeKing to Host Charlotte, NC, Hackathon as Part of ?Node Knockout? to Drive Creative Development of Financial Services Apps

Online Broker TradeKing to Host Charlotte, NC, Hackathon as Part of “Node Knockout” to Drive Creative Development of Financial Services Apps

Fort Lauderdale, FL (PRWEB) August 16, 2011

On the heels of launching its new API, online broker TradeKing (http://www.tradeking.com) today announced it will host a hackathon for developers in the Charlotte area on August 26-28th to coincide with its sponsorship of the worldwide virtual “Node Knockout” competition. The event is part of TradeKing’s goal to encourage and energize innovative “app” development both locally and around the world, and make viral the way customized trading experiences are created and shared. The event will take place at Area 15 (North Davidson at 15th Street) in Charlotte, NC. The event starts at 8 pm EDT on Friday, August 26, and runs through 8 pm EDT on Sunday, August 28th.

“We started TradeKing in 2005 to connect previously isolated investors via a social community for sharing ideas and insights; now we’re expanding on that crowd-sourcing model by tapping the creative ‘hive mind’ of developers to build exciting new apps for traders,” said Dan Raju, CIO of TradeKing. “One of the core design goals of the TradeKing API is to be a destination platform for developers to create innovative apps and experiences. By hosting and sponsoring hackathons like this, we strive to energize developers to consider the TradeKing API as a preferred destination for channeling their technical creativity. We’d like to invite any developer in the Charlotte area to join us, learn about our innovative API and challenge themselves to create apps that could change the way all investors execute their trading strategies.”

The TradeKing-sponsored hackathon gives developers 48 hours to develop their own custom app. At the end of the 48 hours, judges will award cash prizes to the top three apps created using the TradeKing API, in addition to prizes awarded by the Node Knockout competition. To learn more about how to participate in the hackathon, visit http://www.nodeknockout.com or http://areafifteen.com.

About the TradeKing API

TradeKing’s API is specially designed to help developers, partners and tech-savvy investors create highly-customized trading platforms and apps, opening up a whole new avenue to deliver greater choice for the firm’s more than 250,000 clients. Individual developers, traders and business partners can use the API to develop new apps and mashups or to connect their existing custom platforms to TradeKing while leveraging TradeKing’s signature low fees and award-winning service. This developer and partner eco-system will provide extensive new opportunities in the marketplace for individual investors to execute their trading strategies.

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees ($ 4.95 per trade plus $ .65 per option contract, $ 8.95 per trade plus $ .15 per options contract for nine or more contracts) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2011 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing,

Facebook at http://www.facebook.com/tradeking,

YouTube at http://www.youtube.com/tradeking,

LinkedIn at http://www.linkedin.com/company/tradeking.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Member FINRA/SIPC.

(1)    $ 4.95 for equity and option trades, add 65 cents per option contract. Trade more than 8 contracts, and we’ll automatically lower your cost to $ 8.95 per trade plus 15 cents per contract. TradeKing charges an additional $ 0.35 per contract on certain index products where the exchange charges fees. TradeKing adds $ 0.01 per share on the entire order for stocks priced less than $ 1.00. See our Commissions + Fees page at http://www.tradeking.com/fees for details on commissions on low-priced stocks, option spreads, and other securities.

(2)    TradeKing was ranked #1 in Customer Service in the SmartMoney June 2011 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.

###

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Online Stock Investors Get New Portfolio Analysis Software Tools

Online Stock Investors Get New Portfolio Analysis Software Tools

Bringing Professional Power to the Online Investor

New York, NY (PRWEB) October 13, 2011

The move by investors away from traditional stockbrokers to less costly online stock and bond trading has been underway for years. It may now see a sharp acceleration if Marshall Edward Miller has his way.

Miller’s iCanTrade.com website is to begin offering self-directed investors subscription access to next generation investment software systems tools, formerly the sole domain of major investment houses. The firm’s flagship iCanTrade Pro Power Portfolio package will allow individual stock, bond or Exchange Traded Fund (ETF) analysis employing up to twenty sophisticated financial stock ranking variables. Up to ten individual portfolio models can be back-tested and the best five activated, meaning portfolios for different family members can be easily managed.

The service doesn’t compete with online brokers because subscribers still place trades and hold their accounts with their favorite brokers. This will speak to needs of the market’s more sophisticated investors not hitherto addressed, says Miller.

For the less advanced, iCanTrade.com offers a free service level, one that enables investors holding mutual funds to switch into comparable ETFs and to build and manage a diversified ETF portfolio instead of using mutual funds. “ETFs are often less expensive and often outperform mutual funds and give investors more control, which is what self-directed investors want,” adds Miller. Rounding out their offerings is a basic ETF Plus Stocks version of their flagship package.

“Successful investing requires a marriage of three essential components: information, a means of processing the information and reducing it to a rational decision-making process, and a means of converting that decision into a securities trade,” notes Miller. “We will specialize in providing investors with advanced online tools to accomplish that second component—delivering truly professional analytical power into the hands of investors.”

Miller sees a significant demographic among self-directed investors who have outgrown the rudimentary analytical tools included with many online brokerage accounts. The iCanTrade platform is designed to lift experienced traders to a new analytic level based on financial fundamentals.

“This could usher in further increases in trading volumes, as private individuals gain confidence that the investment decisions they are making through the help of services such as ours are sound ones—and no longer the mysterious preserve of the privileged class of retail investment advisors,” says Miller.

He expects the new online portfolio analysis software service to be available to investors by late October.

Marshall Miller, founder of iCanTrade, is a former investment analyst, Director of Research, mutual fund portfolio manager and editor of a noted equity valuation investment newsletter. To learn more about iCanTrade and their suite of investment analysis tools visit their website at iCanTrade.com.

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Q&A: Transfer IRA from one company to online company?

Question by kirkhilles: Transfer IRA from one company to online company?
I currently have a SIMPLE IRA from my work with a company which has a mutual funds, but I honestly don’t like Mutual Funds and would love to have it with an online brokerage where I could buy a mix of index funds, individual stocks, commodities, etc. I’d still want to keep it as an IRA with the online company. How difficult is to do this? Any tax implications?

Thanks!

Best answer:

Answer by Jason
up the ra!

Add your own answer in the comments!

Q&A: Which is the best Online Mutual Fund investing site ?

Question by JustAsking: Which is the best Online Mutual Fund investing site ?

Best answer:

Answer by kojava
If you doing research on funds then:
www.morningstar.com

If you investing in funds then it’s good to open an account with large fund family such as:
www.fidelity.com
www.vanguard.com
www.troweprice.com

Add your own answer in the comments!

Online Stock Analysis and Mutual Fund Research

Commodities trading is explosively volatile. It is global in scope, hypersensitive to supply and demand. The volumes are huge. Here time frame for accurate information is measured only in minutes. Online trading platforms keep up continuous and rapid flow information about markets. Basic approach to forecast price movement is same for most of the instruments including stock analysis.

Analytical tools

Bar charts or line graphs track the price movement during the trading hours. Being, self-analytical, they are easier to understand than a column of figures. Particular patterns stand out clearly. Moving averages are effective in comparing a day’s movement against a past trend. Different analysts use different averages; preferences vary from 3-day average to 200-day average. If the current price-line is above the moving average line, it means that the trend is positive. On other hand, if the day’s price-line dips below the average line, obviously the prices are falling. Online trading systems have made intelligent stock analysis extremely simple, for day traders. With a single click, resistance and support planes, double top formations and dozen other analytics are thrown-up. Traders playing shorts will find these particularly useful.

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Mutual Funds

Mutual fund research is equally important for selecting the right scheme. Online trading platforms usually provide the following guides; the sector in which the scheme proposes to operate, the stocks, or funds it invests in, past performance of the management, Net Asset value (NAV) and tax benefits if any.

Advice is a Golden Word

Investor need not be alone in this harsh world of finance. Stockbrokers share the wealth of information with their online clients. They may even advice the investors, depending upon the type of account and brief. When it comes to commodities trading, global cues and trends play high-impact role. Offline traders also can use the broker’s general website for basic research reports.

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Online Broker TradeKing Shares Lineup of Free August Educational Webinars

Online Broker TradeKing Shares Lineup of Free August Educational Webinars

Fort Lauderdale, FL (PRWEB) July 26, 2011

Online broker-dealer TradeKing (http://www.tradeking.com) today shared the schedule for its August 2011 free webinar series, designed for traders of all experience levels. The August webinars will feature sessions including an overview of three potential income-generating options trading ideas; an overview of how to scan the equities market for possible breakout opportunities and convert these breakouts into potential call or put option plays; a primer on four key rules that can help traders learn how quantified, high-probability trading strategies are designed; an overview of diagonal spreads; a Rookie’s Corner on the four basic chart patterns: ranges, triangles, flags and gaps; and a review of TradeKing’s various research tools.

The August 2011 webinars will feature the following sessions: “Generating Income: Three Option Trading Ideas” with Marty Kearney of the Chicago Board Options Exchange; “Building High Probability Strategies” with Larry Connors of TradingMarkets.com; Part 19 in a series from TradeKing’s popular Options Playbook entitled, “Diagonal Spreads: Setup, Risks, and Uses” with TradeKing’s Senior Options Analyst and Options Playbook author, Brian Overby; a Rookie’s Corner on “Basic Chart Patterns Everyone Should Know” with Michael Kahn of QuickTakesPro.com; and “Researching Investments at TradeKing” with Chris Lebhar, Manager of Interactive Education at TradeKing. The August webinars will also feature a session entitled, “Trading the Trend and Price Breakouts” with new TradeKing contributor, Alan Knuckman of TheWizard.com. Alan has worked with all aspects of the commodity markets for the past 18 years and is a frequent contributor to media outlets such as MarketWatch, Bloomberg, Fox Business, CNN Money, Reuters and CNBC.

TradeKing’s webinars are free and open to all investors. For a complete list of TradeKing webinars or to register, visit http://webinars.tradeking.com. The September 2011 webinar schedule will be available starting August 22.

August 2011 Webinar Schedule:

Tuesday, August 2 at 5pm ET

Generating Income: Three Option Trading Ideas

with Marty Kearney of the CBOE

Tuesday, August 9 at 5pm ET

Trading the Trend and Price Breakouts

with Alan Knuckman of TheWizard.com

Tuesday, August 16 at 5pm ET

Building High Probability Strategies

with Larry Connors of TradingMarkets.com

Tuesday, August 23 at 5pm ET

Diagonal Spreads: Setup, Risks, and Uses

with Brian Overby of TradeKing

Thursday, August 25 at 5pm ET

Rookie’s Corner: Basic Chart Patterns Everyone Should Know

with Michael Kahn of QuickTakesPro.com

Tuesday, August 30 at 5pm ET

Researching Investments at TradeKing

with Chris Lebhar of TradeKing

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees ($ 4.95 per trade plus $ .65 per option contract, $ 8.95 per trade plus $ .15 per options contract for nine or more contracts) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2011 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing,

Facebook at http://www.facebook.com/tradeking,

YouTube at http://www.youtube.com/tradeking,

LinkedIn at http://www.linkedin.com/company/tradeking.

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Multiple leg options strategies involve additional risks and multiple commissions , and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies.

Member FINRA/SIPC.

(1)    $ 4.95 for equity and option trades, add 65 cents per option contract. Trade more than 8 contracts, and we’ll automatically lower your cost to $ 8.95 per trade plus 15 cents per contract. TradeKing charges an additional $ 0.35 per contract on certain index products where the exchange charges fees. TradeKing adds $ 0.01 per share on the entire order for stocks priced less than $ 1.00. See our Commissions + Fees page at http://www.tradeking.com/fees for details on commissions on low-priced stocks, option spreads, and other securities.

(2)    TradeKing was ranked #1 in Customer Service in the SmartMoney June 2011 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service(at)tradeking(dot)com.

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