STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 23, 1999--Tradetrek.com Inc. today announced the official launch of
its web site http://www.tradetrek.com/. In recognition of online investors' growing needs for stock analysis in real-time, from
anywhere and at anytime, Tradetrek.com provides real-time stock investment tools that are at the heart of every successful
investment strategy. Its artificial intelligence based interactive and automated trading/investing tools virtually put online investors on the same trading floor with
Wall Street professionals. The significant edge of Tradetrek.com over other online financial sites is its real-time sophisticated analysis models and trading
strategies developed by well-known former Wall Street quantitative analysts and experienced traders.
Tradetrek.com Products and Services
- Real-time pattern-based stock search - a search engine based on a dozen of popular trading strategies, such as the "Cup-with-handle" and
- "Triangle-break-out". Running at real-time, it finds promising trading opportunities and posts them as "Live Picks" on the web.
- Fundamental valuation model - a sophisticated, interactive yet easy-to-use calculator that computes the 6-month price target and compares the
- performance potential of a stock with that of the S&P 500 index.
- Live stock comment - a powerful tool for investors to quickly review the characteristics of any stocks and get real-time technical opinions.
- Neural Network stock forecast - 5-day stock forecast by using neural-network theories.
- Market Neutral Pairtrade - based on successful Wall Street practices, a low risk strategy that longs one stock and shorts another to capture the relative
- value between the two stocks.
- Historical Back Test - a feature that lets users play with all the previous stock picks and make their own judgment about Tradetrek's trading strategies.
In addition, Tradetrek.com offers convenient portfolio and risk management tools, stock quotes, live charts, and an interactive online book on trading
strategies. The 20-minute-delayed version of Tradetrek.com is free of charge. The real-time version is $24.95/month.
"Very few people in the world can beat the Deep Blue - the IBM chess machine." Dr. Bin Li, Chairman & Co-CEO of Tradetrek.com, a former Executive
Director and Head of Global Quantitative Trading Strategies Group of United Bank of Switzerland (UBS), explained in a recent interview, "Tradetrek.com is
the 'Deep Blue' of the investment game. Computerized investment service is the trend of the new millenium."
About five weeks ago, Tradetrek.com "unofficially" opened the site to conduct some final testing. During the "beta-testing" period, it has generated significant
traffics and received overwhelming positive feedback. As of today, tradetrek.com has over 7000 registered subscribers. Its daily visits have exceeded 16,000
with over 400,000 page views per day.
Mr. Yifan Tang, President & Co-CEO of Tradetrek.com, a former fund manager and head trader at Banco Pactual, commented: "Tradetrek.com had a great
start because it provides what online community has long been looking for --- Wall Street tools made easy for everyone."
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