Stock Quotes Help Network - Stock Trading

Regal Securities First to Implement Online Trading Solution Offered Jointly By Nexa Technologies and QuoteMedia

Regal Securities First to Implement Online Trading Solution Offered Jointly By Nexa Technologies and QuoteMedia


Nexa Rolls Out Meridian Trading Platform Enhanced With QuoteMedia Content

Nexa Technologies, Inc.
(http://www.nexatech.com ), a leading provider of advanced trading
solutions and a subsidiary of Penson Worldwide, Inc. (Nasdaq: PNSN), and
QuoteMedia, Inc. (OTC Bulletin Board: QMCI), a leading provider of market
data services and financial applications, today announced that Regal
Securities has become the first client to implement the new Meridian online
trading platform provided jointly by Nexa and QuoteMedia.
Earlier this year, QuoteMedia and Nexa entered into a strategic
relationship in which Nexa would incorporate QuoteMedia content into
Meridian, Nexa's advanced and flexible browser-based trading platform for
equities, options and futures. Regal Securities is the first client to take
advantage of this joint offering.
Regal Securities and their online discount brokerage division
Investrade Securities, which provide custody functions, state-of-the-art
technology and execution capabilities in all major markets for their
clients, will have access to QuoteMedia's comprehensive financial market
data and research solutions through Meridian.
"We have been extremely impressed with QuoteMedia and Nexa," said
Robert Villaflor, Chief Operating Officer of Regal Securities. "The
seamless integration of QuoteMedia's technologies into our trading platform
enhanced our client offerings instantly. We were especially pleased with
Nexa's and QuoteMedia's ability and willingness to incorporate our
suggestions when tailoring the products to meet our needs. We are committed
to providing our clients with the best possible trading technologies, and
Nexa and QuoteMedia's innovative solutions have enabled us to continue
toward this goal."
"By incorporating QuoteMedia's products into our Meridian offering, we
are able to create a more robust and dynamic offering while expanding the
depth of market data content made available to our clients," said Mark
Munoz, SVP Corporate Development, Nexa Technologies. "Regal is the first to
take advantage of some of the industries most advanced trading tools and
financial content available today."
"The synergies realized through our strategic partnership with Nexa are
profound to both of our businesses," said Dave Shworan, CEO of QuoteMedia
Ltd. "Through this relationship, QuoteMedia is able to reach the broadest
possible audience with our applications. Together, Nexa and QuoteMedia can
provide customers with one of the most comprehensive online trading systems
on the market."
About QuoteMedia, Inc.: http://www.quotemedia.com
QuoteMedia is a leading software developer and syndicator of financial
market information and streaming financial data solutions to media,
corporations, online brokerages and financial services companies. The
Company licenses interactive stock research tools such as streaming
real-time quotes, market research, news, charting, option chains, NASDAQ
level 2, TSX/TSXV market depth, SEC filings, corporate financials, insider
reports, market indices, portfolio management systems, and data feeds.
QuoteMedia provides data and services for companies such as the NASDAQ, the
OTCBB, Forbes.com, Scotia Capital, Southwest Securities, Automated
Financial Systems, FBR Direct, AIM Trimark, Zacks Investment Research,
ChoiceTrade, QTrade, Schaeffer's Investment Research, WallStreet*E,
Business Wire and others. For more information, please visit:
http://www.quotemedia.com.
Statements about QuoteMedia's future expectations, including future
revenue, earnings, and transactions, as well as all other statements in the
press release other than historical facts are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
QuoteMedia intends that such forward-looking statements be subject to the
safe harbors created thereby. These statements involve risks and
uncertainties that are identified from time to time in the company's SEC
reports and filings, and are subject to change at any time. QuoteMedia's
actual results and other corporate developments could differ materially
from that which has been anticipated in such statements.
About Nexa Technologies, Inc.: http://www.nexatech.com
Nexa Technologies, Inc., is a provider of online and direct access
trading solutions. Founded in 1999, Nexa Technologies is a subsidiary of
Penson Worldwide, Inc. Its comprehensive product set incorporates
multi-asset direct access trading systems, FIX-compliant order routing,
comprehensive data and market access to European & North American equity,
options and derivatives exchanges and ECNs.
Nexa Technologies added historical intraday time series data into its
product range in January 2005 when Penson Worldwide acquired Tick Data,
Inc. The Tick Data division, which provides clean, reliable historical
intraday time series data for the equities and futures markets, employs
proprietary compression algorithms, price-filtering techniques, and ticker
symbol mapping processes to produce complete, research-ready historical
data. From efficient data collection and distribution to seamless
integration with third-party analytical software, the Tick Data division
removes the frustration from building and maintaining historical databases.
About Penson Worldwide, Inc.: http://www.penson.com
Penson Worldwide, Inc. is the parent company for Penson Financial
Services, Inc., Penson Financial Services Canada, Inc., Penson Financial
Services, Ltd., Nexa Technologies, Inc. and Penson Financial Futures, Inc.
among other companies. The Penson Worldwide group of companies provides
execution, clearing, custody, settlement, and technology infrastructure
products and services to securities firms and others servicing the
securities industry. Penson Financial Services, Inc., headquartered in
Dallas, Texas, has served the clearing needs of all types of broker/dealers
since 1995. Penson is the flexible choice in global securities services. TM
Forward-Looking Statements
Statements contained in this news release that are not based on current
or historical fact are forward-looking in nature. Such forward-looking
statements are based on current plans, estimates and expectations.
Forward-looking statements are based on known and unknown risks,
assumptions, uncertainties and other factors. Penson's actual results,
performance, or achievements may differ materially from any future results,
performance, or achievements expressed or implied by such forward-looking
statements. Penson undertakes no obligation to publicly update or revise
any forward-looking statement.


SOURCE Nexa Technologies, Inc.

posted by Famous Quotations @ 10:24 AM