eSIGNAL LINKS TO SPEAR, LEEDS & KELLOGG’S REDIPlus TRADING PLATFORM

Discussion in 'Events' started by Raphel Finelli, Nov 30, 2004.

  1. Raphel Finelli

    Raphel Finelli eSignal

    eSIGNAL LINKS ITS DECISION SUPPORT APPLICATION TO
    SPEAR, LEEDS & KELLOGG’S REDIPlus TRADING PLATFORM

    Hayward, Calif., November 30 - eSignal, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders, today announced that the eSignal® decision support application now links to Spear, Leeds & Kellogg’s REDIPlus trading platform and execution systems.

    REDIPlus is SLK's premier electronic trading platform offering destination-neutral access to all major pools of liquidity for U.S. equities, options, electronic futures and European equities and electronic futures. SLK is a wholly owned subsidiary of the Goldman Sachs Group, Inc. (NYSE:GS) and is itself a broker-dealer separate from Goldman, Sachs & Co.

    “The eSignal charting, formula studies, back testing and linking to REDIPlus’ trading platform further enhances eSignal’s position in the market as a provider of high-end, trading support tools,” said Chuck Thompson, president of eSignal. “We have also connected a second advanced charting package, Tahoe Charts to REDIPlus as a cost-effective and powerful trade decision support package. It offers our growing mutual customer base the opportunity to make more informed trading decisions.”

    Michael Murray, Managing Director of Shoreline Trading Group, states, “Linking eSignal to the REDIPlus platform has provided our traders with a comprehensive set of decision tools to support their trading.”


    About eSignal:

    The eSignal division (www.esignal.com) of Interactive Data Corporation (NYSE: IDC) (www.interactivedatacorp.com) is a eading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, eSignal provides streaming, real-time market data, news and analytics. eSignal’s suite of products includes eSignal®, Advanced GET™, MarketCenter™, Tahoe Charts™, QuoTrek® and FutureSource®.

    # # #


    Raphel Finelli
    eSignal
    (510) 723-3501
    rfinelli@mail.esignal.com
     
  2. thanks for the info.

    One question - How are data feeds charged? If I want e-signal charting who gets paid what? Naturally SLK is not giving away data...so is e-signal going to just charge some sort of basic platform fee?

    thanks
    Chris
     
  3. Chuck_T

    Chuck_T eSignal

    indahook,

    Good Questions ...

    For eSignal, it is running on the eSignal feed. It has direct connectivity to the RediPlus trading system from within eSignal.

    If you use TahoeCharts, there is a version that runs directly on the RediPlus feed now that is available now for $39.

    In the eSignal 8.0 release, we intend to sell a "software only" version of eSignal that will run directly on the RediPlus data feed plus many others, including IB, Ameritrade, Patsystems, etc.

    Chuck
    @eSignal
     
  4. Awesome, you have my business when that version is released! Have a date?
     

  5. What type of pricing for the software only version?
     
  6. cashonly

    cashonly Bright Trading, LLC

    Hi Chuck,

    Is this RediPlus connection available yet?

    Thanks,

    Cash