NASDAQ to Utilize Instructional Tools to be Created by Leading Trader Educator
IRVINE, Calif., July 13 /PRNewswire/ -- Online Trading Academy(TM) (OTA)
today announced a strategic initiative to develop and deliver financial
educational web content for TotalView(R), NASDAQ's premier market data
product. Beginning next week, NASDAQ's TotalView(R) content will be delivered
through OTA's live trading center curriculum and the NasdaqTrader.com web
site.
NASDAQ TotalView is the best source of NASDAQ order information available,
showing every quote and order in the NASDAQ Market Center at every price
level. TotalView offers greater overall market transparency and 85 percent
more liquidity than NASDAQ's legacy Level II within five cents of the inside
market. TotalView provides the best information available to discover more
trading opportunities. TotalView also supplies enhanced content regarding
NASDAQ's Opening and Closing Crosses. This helps traders maintain their
positions by more accurately gauging true buy and sell interest. TotalView
content will include a Flash Media presentation of TotalView and tactics for
its use.
"The information you use to trade is as important as how you trade. In
today's marketplace, traders need to understand the market data products they
need to trade successfully. Educating our customers about NASDAQ TotalView
compliments our own commitment to ensure our clients are truly educated and
capable of handling their money and controlling the risk in a sophisticated
marketplace," said OTA president and founder Eyal Shahar.
"OTA is the premier independent educational resource for the active
trading community," said Bill O'Brien, Senior Vice President of Market Data
Distribution, NASDAQ. "Their decision to create TotalView educational
materials signifies their commitment to providing traders with the information
they need to succeed, and their proven excellence in developing educational
content makes them an ideal partner to provide information about TotalView on
NasdaqTrader.com."
Spurred by the burgeoning growth of active investors and traders desiring
to take control of their assets by learning the skills of direct access
trading, OTA has also enabled its recent franchisees in Dallas, TX and Dubai,
UAE, to provide the global financial community with OTA's unique "live
trading" classroom approach that has become the company's signature.
Locations worldwide now sponsor events such as free weekly "Power Trading
Workshops" as well as monthly, daily and weekend classes in stock, currency,
options index and futures trading.
"Through its expanding global franchise model, OTA will take a leading
role in the proper education of traders about NASDAQ and TotalView. In this
way OTA is really more than just an online content provider, they are a
strategic ally," said O'Brien, NASDAQ.
About Online Trading Academy
Online Trading Academy has conducted financial and active trading training
since 1997. From its headquarters in Irvine, California, the company has
established and progressively developed live classes and online mentoring as
its core curriculum in teaching its courses to active self-directed investors
and traders. Its teaching methods evolved from the company's roots as one of
the largest trading floors in the world with 180 traders who were trading over
half a billion dollars of securities daily. The company sold the trading
operation in 2001 and became the largest independent financial education
academy in the U.S. OTA is not a broker-dealer or a software vendor and is a
completely independent training academy, committed solely to customer
education. OTA provides course content, training CDs, and webinars to over
200 financial web sites and produces customized education for numerous
broker-dealers and financial companies. For more information visit
http://www.tradingacademy.com.
SOURCE Online Trading Academy
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Related links:
http://www.tradingacademy.com
CONTACT:
John O'Donnell of Online Trading Academy,
+1-949-475-5652, john@tradingacademy.com
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