Data Broadcasting Corp. Partners with HitechTrading Inc. to Offer Comprehensive Day Trading Solution

Data Broadcasting Corp. and HitechTrading Inc. have announced a partnership to provide a comprehensive day trading solution to individual traders and investors. This partnership will offer StockEdge Online, a real-time financial market data service, at $79 per month for a pre-paid account, plus exchange fees. The service will provide traders with access to continuous real-time quotes for all U.S. equity exchanges, futures, and options data, as well as technical analysis and portfolio management tools.

The partnership will also provide traders with access to free news from CBS MarketWatch, including additional news and commentary from sources such as Dow Jones Real-Time News Service and Zacks Earnings Surprises. This comprehensive solution will enable traders to make informed investment decisions and stay ahead of the market.

Key Takeaways:

  • Data Broadcasting Corp. and HitechTrading Inc. have partnered to offer a comprehensive day trading solution to individual traders and investors.
  • StockEdge Online, a real-time financial market data service, will be available for $79 per month for a pre-paid account, plus exchange fees.
  • The service will provide continuous real-time quotes for all U.S. equity exchanges, futures, and options data.
  • Technical analysis studies, including Bollinger Bands and Exponential Moving Averages, will be available to identify market trends.
  • Portfolio management tools, including detailed portfolio management windows and fundamental data, will be included.
  • Access to free news from CBS MarketWatch and additional news and commentary from sources such as Dow Jones Real-Time News Service and Zacks Earnings Surprises will be provided.
  • The partnership will enable traders to make informed investment decisions and stay ahead of the market.
  • HitechTrading Inc. specializes in day trading with the Internet day trader in mind and offers full stock market information on its Market Watch page.
  • StockEdge Online utilizes state-of-the-art Active Push technology to offer fast Internet-delivered streaming quotes.

Statistics:

  • $79 per month for a pre-paid account, plus exchange fees, for StockEdge Online.
  • 1 million users of Data Broadcasting's real-time market data services.
  • 100,000 users of HitechTrading's Market Watch page.
  • 19.95 as the flat online trading fee for Dina Securities.

Sources:

  • Business Wire, "Data Broadcasting Corp. and HitechTrading Inc. Announce Strategic Partnership to Offer Comprehensive Day Trading Solution."
  • Data Broadcasting Corp. press release, dated June 16, 1998.
  • HitechTrading Inc. press release, dated June 16, 1998.
  • Pondel Parsons & Wilkinson, "Data Broadcasting Corp. Partners with HitechTrading Inc. to Offer Comprehensive Day Trading Solution."