Track Data Announces End of Search for Strategic Alternatives
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the Company reported it had retained a financial advisor to explore strategic alternatives.Track Data is a New York-based financial services company that provides direct access brokerage, Internet Sales real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.
The Company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks. Track ECN offers subscribers the highest published rebate in the industry.
For individual investors, Track Data Securities offers myTrack and myTrackPro, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders
For all investors and business professionals, the Company’s NewsWare division offers NewsWatch, Internet Sales a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.
Tags: access brokerage, aggregates, business professionals, direct access, electronic communications network, financial services company, individual investors, Internet Sales, mytrack, news from thousands, newsware, queries, real time, subscribers
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