Sunday, September 9, 2012
Paritech to merge the Trading platform business of PhoenixAI
Paritech
has signed an agreement with the Melbourne-based PhoenixAI to merge their
market data and trading platform with Paritech’s operations. This move will
accelerate Paritech’s growth in the active and day trading platform market,
making it the leading provider of Advanced Technical Analysis Trading Software.
Coupled
with the recent closure of MDS’s core BourseData platform – another former
competitor in this space – the additional business will result in a revenue
boost to Paritech of about $1 million a year.
Paritech
CEO Rick Klink says: “I am delighted that the team at Phoenix will be joining us. The deal will
deliver additional scale and depth of resources to win business in these
challenging times.
“The
PhoenixAI software is regarded as the most sophisticated technical analysis
software program in Australia for equities, futures, forex and cfd trading. We will
immediately start marketing the software to our current stockbroker and trading
clients.
“In
addition, Paritech will transfer the current users of PhoenixAI on to our market
data and trading infrastructure, thereby driving considerable cost savings in
the group.”
PhoenixAI
CEO Antony Stanton says: “PhoenixAI management is pleased to merge with
Paritech. We will be able to substantially increase the market share of the
PhoenixAI software by leveraging the broad distribution channels opened up by
the Paritech group.
“We
will also expand our suite of product offerings to clients by leveraging
Paritech’s trading, portfolio management and administration solutions.”
Klink
said: “Paritech’s acquisition of PhoenixAI reflects a day-trader market that
has contracted sharply since the Global Financial Crisis, particularly
affecting those companies solely devoted to this market segment.
“There
is no better example of this than the decision by MDS, a 20-year veteran in the
day trading software space, to close down its BourseData platform.”
Paritech,
which will employ key PhoenixAI support and software development staff as part
of the acquisition, is a leader in the
development of front and middle office web-based technologies for the finance
Industry.
Its product range
covers the complete Investment cycle, including account opening, online
education, research tools, data feeds, trade processing, cost based reporting
and advanced accounting systems.
Paritech recently concluded a strategic agreement with the
NSX to offer all the exchange’s listed securities on its trading systems.
Contact:
Rick Klink
Paritech CEO
+61 3 8669 1933
Nicholas
Way
Shed Media
Shed Media
0409
585 979
Wednesday, June 13, 2012
New tutorial video - Marketscan
This video webinar gives an overview on how to use Marketscan's powerful search function....
Marketscan incorporates fundamental analysis, company information, technical analysis and scanning all into one powerful investment tool. Paritech's MarketScan is the perfect research assistant when it comes to helping you find stocks that meet your investment criteria so that you can grow your investments and reach your goals.
Visit our Marketscan Video Tutorial page for an in depth discussion Click Here
Tuesday, June 12, 2012
TMC = Tailor Made Combination
TMCs allow you to buy and sell securities at the same time. Its advantage is that
the buy and sell transactions will only occur when the conditions for all buys or
sells are met. So either none of the transactions occur, or they all occur. Visit our Pulse TMC FAQ page for an in depth discussion Click Here
New tutorial video re PULSE Conditional Orders and Options Trading
This video gives an overview on how to use PULSE's powerful Conditional orders and Option Trading features.
The video covers
The video covers
- Placing and amending an order
- Stop Loss orders
- Trailing Stop Loss orders
- Exchange Traded Option (ETO) price quotation window
- ETO Quote request
- Placing Tailor Made Combination (TMC) orders
Wednesday, June 6, 2012
Paritech Data Warehouse
Paritech is pleased to announce the release of our new ASX Data Warehouse service.
Successful financial modeling needs high quality data. Paritech’s Data Warehouse has ASX tick data spanning over ten years and End of Day data spanning over 30 years.
This data has been meticulously collected and maintained by Paritech over these years.
The Tick data is perfect for researchers and traders building and testing algorithmic trading systems. For example, the partial file sample below shows tick volumes for BHP with the associated buying and selling broker, plus whether the trade hit the buyer or the seller.
All packages can be ordered via credit card and secure file download.
Successful financial modeling needs high quality data. Paritech’s Data Warehouse has ASX tick data spanning over ten years and End of Day data spanning over 30 years.
This data has been meticulously collected and maintained by Paritech over these years.
Paritech is pleased to be able to offer numerous packages for the purchase of ASX Tick, Orders and End of Day data.
The Tick data is perfect for researchers and traders building and testing algorithmic trading systems. For example, the partial file sample below shows tick volumes for BHP with the associated buying and selling broker, plus whether the trade hit the buyer or the seller.
TickDate | TickTime | Symbol | Price | Volume | BuyBroker | SellBroker | Side |
31/01/2011 | 10:00:21 | BHP | 43.9 | 410 | 266 | 238 | S |
31/01/2011 | 10:00:22 | BHP | 43.9 | 270 | 266 | 140 | S |
31/01/2011 | 10:00:22 | BHP | 43.9 | 440 | 266 | 157 | S |
31/01/2011 | 10:00:22 | BHP | 43.93 | 22 | 677 | 210 | B |
31/01/2011 | 10:00:22 | BHP | 43.93 | 5 | 677 | 210 | B |
31/01/2011 | 10:00:22 | BHP | 43.93 | 30 | 677 | 210 | S |
31/01/2011 | 10:00:23 | BHP | 43.94 | 30 | 203 | 210 | B |
31/01/2011 | 10:00:23 | BHP | 43.94 | 1 | 203 | 210 | B |
31/01/2011 | 10:00:23 | BHP | 43.94 | 7 | 203 | 210 | B |
31/01/2011 | 10:00:23 | BHP | 43.93 | 4943 | 677 | 945 | S |
All packages can be ordered via credit card and secure file download.
Click here for more details/sample files
Subscribe to:
Posts (Atom)