Terra Nova launches free platform that enables traders to take control
Chicago, IL / December 7, 2000 – Terra Nova Trading, L.L.C. (“Terra Nova”), a leading direct access broker, introduces the Terra Nova Investor Series -- a free, web-based trading platform designed for active investors who want real-time data and the power to route their own orders.
Terra Nova, in conjunction with Townsend Analytics, Ltd., developed the software to address customer demand for a simple yet powerful direct access trading platform. The Investor Series is a rich intermediate-level solution that will appeal to customers of conventional on-line brokerage firms. Through the Investor Series, active investors will view real-time prices and route their order from the same screen. Double click features permit quick order entry, adjustments and cancellations. Live order status helps customers evaluate their fills, and real-time account updates reflect current buying power. The Terra Nova Investor Series operates on the same state-of-the-art technology found in RealTickä, and it is the first web-based direct access product to integrate RealTick with Microsoft’s ActiveXâ technology. It also incorporates Archipelago’s integrated ECN book, which allows traders to view Archipelago, Island and Redibook ECN orders in real-time.
To encourage active investors to try direct access, Terra Nova will offer the Investor Series at no charge, with trades starting at a special rate of just $8 for up to two calendar months.
Features include:
· Easy point-and-click access
· Real-time Nasdaq, NYSE and AMEX Level I quotes
· Real-time charts
· News
· Live order and account updates
· E-mail stock alerts
· Customizable watch lists
· Zack’s Brokerage Research and Market Guide
· Archipelago’s integrated ECN book
· Direct order routing to the Archipelago, Island and the NYSE
· Integrated customer support chat room
· Live news web cast from JAGfn
“We want active investors to experience the benefits of direct access, and the Investor Series provides an easy, non-intimidating way to do so,” said Terra Nova President Chris Doubek. “This new platform puts power and control where it belongs – in the customer’s hands.” |
