BUSINESSWEEK ONLINE : MAY 22, 2000 ISSUE
COVER STORY The Right Stuff DATA Subscription services offer historical price and volume data, real-time Nasdaq Level I quotes (best bid and ask prices), time and sales trade reports, news. Level II quotes (all bid and ask prices, plus volume offered by market makers) cost extra. Included are charting and technical indicators. WINDOWONWALLSTREET.COM (www.windowonwallstreet.com) $70-80 per month, plus 50 for Leve II ESIGNAL (www.esignal.com) $79-99 per month, plus 50 for Level II TECHNICAL ANALYSIS Software for detailed charting of security prices and volume. Incorporates dozens of technical indicators to spot trends and help time trades. They allow users to specify trading strategies and back-test them against historical data. METASTOCK (www.metastock.com) Online charting free; CD-based version, $349-$1,495. Real-time analysis requires eSignal TC2000 (www.tc2000.com) Software free; delayed data feeds costt $29.75 per month. Good entry-level package DIRECT ACCESS Direct-access brokers let traders execute with the market maker; exchange, or ECN of their choice for faster trades and confirmations. CyBerX and TradeScape feature ''intelligent order routing'' to find best prices and most reliable executions. CYBERX 2.0 (www.cybercorp.com) $14.95 per trade. Level II: 99 per month (free with 50 trades per month) TRADESCAPE.COM (www.tradescape.com) $1.50 per 100 shares. Level II: 80 per month (free with 50 trades per month) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					RELATED ITEMS How to Build Your Own Trading Desk TABLE: The Right Stuff INTERACT E-Mail to Business Week Online

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