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 September 25, 2001
Stockgroup Partners with Octet to offer Instant Trade Software to Brokerage
Industry
Instant Trade Tool Integrates Investor Brokerage Accounts with Financial News Websites for Fast and Easy
Trading
New York, NY and Vancouver, B.C. September 25, 2001. Octet Corporation and Stockgroup Information Systems Inc. (OTCBB:SWEB) today announced a development and marketing agreement to launch the Instant Trade Tool(tm). The Instant Trade Tool(tm) will allow brokerage, commodity, mutual fund and trading firms the ability to access their investor customers who currently research the investment marketplace through third party corporate, enterprise and portal websites. By utilizing the proprietary prepopulated trading interface, the websites will be able to hotlink financial news, stock prices, and charts directly to an investor's online brokerage account. Investors can now translate breaking news stories into market orders with lightning speed by clicking on the Instant Trade Tool(tm) and instantly execute an order without having to go through the time consuming steps of accessing their online
account.
Financial services firms have been experiencing a drop off in trading volumes and values. The Instant Trade Tool(tm) provides easier access for their clients to access their trading accounts and trade more often. Investors today have a time-lag problem: information released by companies travels at the speed of light and financial markets react in the blink of an eye. Converting financial news into trades was, until now, a cumbersome multi-step process: find the news, digest it, access the broker's Website, log in, locate the trading forms, fill out the forms and finally execute the trade.
Currently an online investor typically goes through 6-8 steps between researching a company to executing a trade. An investor using the Instant Trade Tool(tm) will be able to shorten the process by up to 4-6 steps, saving critical execution
time.
"In a world where minutes and even seconds make the difference between profit and loss, many investors have been unable to access, fill out and submit the trading forms fast enough to benefit from the news," explains Marcus New, Stockgroup's CEO, "The Instant Trade Tool(tm) allows the brokerage firm's clients to place trades from the websites which they spend time at researching the
markets."
"All the investor needs to do is enter the number of shares and password, then click on execute," says Tatiana Aleksa, CEO of Octet. "Our proprietary smart software eliminates most of the steps involved in a typical
trade."
"Now these portals and listed companies will be able to offer a new option: trade this stock right now using your regular brokerage account. The serious investor always looks to cut the time from reading news to executing orders, and savvy online brokers will cater to customers wanting our new trading solution", explains Aleksa.
Link: http://biz.yahoo.com/bw/010926/260976_1.html
ABOUT STOCKGROUP
Stockgroup Information Systems Inc. is a financial media and technology company. It is a leading provider of private labeled financial content and software solutions of media, corporate, and financial services companies. Stockgroup employs proprietary technologies which enable its clients to provide financial data streams and news combined with cutting edge fundamental, technical, productivity, and disclosure tools to their customers, shareholders, and employees at a fraction of the cost of traditional internal methods. Stockgroup is also a provider of Internet communications products for publicly traded companies. Its financial web site www.smallcapcenter.com is a state of the art online research center for the investment community. To find out more about Stockgroup visit our web site at
www.stockgroup.com.
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