NEW YORK & LOS GATOS, Calif.–(BUSINESS WIRE)–Nov. 3, 2003–According to R.F. Lafferty, one of the leading options brokers in the US, “Trading puts and calls is complicated and fast paced. Ifyou are trading options on highly volatile stocks, seconds can be worth thousands of dollars.”
R.F. Lafferty & Co., Inc. announced today that it is offering a choice of monthly and annual subscriptions to the TraderBot(TM) real-time financial search engine, the first and only Web-based service that searches over six million real-time prices, news and historic fundamental company data covering 40,000-plus stocks to find opportunities that match pre-set trading strategies, in less than 50 milliseconds.
Under the joint marketing agreement, R.F. Lafferty’s customers will be able to sign up for a 14-day free trial subscription to TraderBot at www.laffertyny.com/html/links.html.
Developed by VhaYu Technologies Corp., TraderBot is an entirely new kind of tool for the active investor serious about trading more efficiently. Instead of wasting time hunting for stocks that match their investment profile, TraderBot alerts subscribers when stocks meet preset trading strategies, leaving more time for analysis.
“With 90% of our orders involving the option market,” said Robert Hackel, director, R.F. Lafferty, “traders for over half a century have come to us because they know they can expect great service. Now they can gain access to a serious trading tool. Even systems used by Wall Street firms can’t match TraderBot’s power, flexibility and ease-of-use, which can put our customers on a level playing field in spotting opportunities as they develop.”
Unlike expert systems that tell investors how they should be trading, TraderBot allows users to express their own strategy, first by customizing one of TraderBot’s pre-defined Quick Searches, or by building searches from scratch with TraderBot’s Power Search. Highly effective trading strategies, including reversal, breakouts, buying and selling pressure and increased short-term volatility, are also much easier to implement.
“By subscribing to TraderBot,” said Gary Manton, VhaYu’s director, sales and marketing, “R.F. Lafferty’s customers will now have instantaneous access to all the information sources they need to help them know which way the markets are heading, eliminating the risk of trading in a panic mode when the market’s move.”
About VhaYu
Headquartered in Los Gatos, California, VhaYu Technologies Corp. is the only firm in the world delivering real-time and historical tick-data capture, storage and analytics for brokerages, hedge funds and exchanges. VhaYu’s technology is also available to active retail investors through its TraderBot retail financial search engine web site, www.traderbot.com, and licensing relationships with online trading and brokerage firms. For more information, visit www.vhayu.com.
About R.F. Lafferty
Established in 1946, R.F. Lafferty & Co., Inc., www.laffertyny.com, America’s option broker(SM), is a leading option broker in the U.S that specializes in option trading and understands all aspects of this complex trading area.
