ARLINGTON, Va., Jan. 24, 2001 (PRIMEZONE) -- Trade Wall Street, Inc. (TWS), an online trading and financial services firm, today announced the release of ECNStreamer(TM). Along with a broad array of financial services, all customer online trading accounts are provided with direct access equity and stock trading through Trade Wall Street, Inc., Brokerage, Member NASD and SIPC. TWS online trading clients connect to ECNs and market makers through a simple and easy-to-use, point-and-click, Internet-based order entry system. Online ECN direct access trades range from $9.95-$14.95 plus ECN fees (see Note).
The launch is expected to bring ECN direct access trading to individuals everywhere.
ECNStreamer and ECNDirect(TM) online trading accounts allow individuals to trade equities direct with other market participants including IslandECN, ArchipelagoECN, Nasdaq, NYSE, Selectnet, Dot and Market Makers.
Robert Shapiro, Business Development Officer of Trade Wall Street, commented "There has been an extremely high demand for ECNStreamer. Clients want the choice to execute their trades directly with other market participants. We are reaching out to investors who want the choice to route their orders in real time with ECNs such as IslandECN, ArchipelagoECN, and other brokerage firms and market makers. I'm excited about the explosive growth in the ECN Direct Access Trading business. The demand for clients wanting to go 'direct in real-time' with their investing activity is astonishing. We are clearly addressing those demands with our business model."
The company anticipates higher than projected growth in new online trading accounts during the year. The company currently offers four ECN direct access trading platforms and expects to launch direct access trading from a handheld device later this year. All online accounts held at Trade Wall Street Brokerage have a choice of trading tools; ECNStreamer offers a streaming portfolio, stock indices, point and click interface, ECN order entry, Nasdaq Level II data, and real-time account management.
About Trade Wall Street, Inc.
Trade Wall Street, Inc. is a member of the NASD and SIPC. Trade Wall Street, Inc. is establishing itself as a premier investment firm for all types of investors. All of the company products can be viewed and downloaded at the company Website: http://www.tradewallstreet.com or by calling 1-800-776-1018 Domestic.
NOTE: The trading fees are based on volume. Additional ECN and software fees may be applicable.*T -0- CONTACT: Trade Wall Street, Inc., Arlington Robert Shapiro, Business Development Officer (800) 776-1018, (703) 237-9884 tradew@verizon.net