User:Trade The News

Trade The News
History

Trade The News is the next Generation News and Analysis community. Established over 10-years ago Trade the News was the first site on the net to offer live audio breaking news analysis in an interactive format to financial markets professionals.

24 hours per-day, Trade The News provides its community members instant "what just happened" fact reporting versus expectations in an always reliable and consistent format. Unbiased analysed financial news is presented. Trade The News does not make opinions, but ideas are encouraged to be freely discussed in our community.

Timeline

1/1/1996 Original idea of live News Analysis formed for distribution via global Internet 1/1/2002 The audio network now reaches over 20% of the total US daily equity volume 11/1/2005 Start of audio broadcasts for Asian and European Markets 2/1/2006 News Station is introduced at NYC Traders Expo 5/1/2006 FOREX Filters Implemented 5/1/2007 R&D begins for web-based version 2/1/2008 Launch of fully interactive web-based version

Futures

Hear and Feel the Markets. Trade The News Futures broadcasts first-rate, objective and live audio coverage directly from the trading floor of the S&P 500. Futures Squawk enables traders to hear and feel the markets.

Trade The News looks into the pit and instantly reports the Bid/Offer, size, players, local positions, trading volume/ momentum, market objectives, index arbitrage activity etc., to help traders make better informed and more confident trading decisions.

Information traders asks when considering a trade opportunity: What is the bid/offer? Is the market still bullish or bearish? Who is moving the market? What are "they" trading off right now? Where is the next key support-resistance "level"? What are the professionals doing?

Prices are quoted to the exact dollar and tenth (dime) of a dollar and when trading is at the same dollar level for a while, quotes are given in tenth of a dollar intervals:

"five half" could equal 1445.50 or perhaps 1365.50, etc. "five half" at (or by) six even" could be 1365.50 (bid) at 1366.00 (ask) "sixty bid" could be 1365.60 "seventy bid" could be 1365.70 The quoter is reading hand signals (the "arb") in the pit to get the bid and ask. To stay ahead of the quotes, the broadcaster cannot say "fourteen forty five fifty" each time a price is quoted. This would slow him down and put him behind the market quotes. He stays ahead of the data by quoting the bid/ask in dollars and tenths as noted above.

Sell orders are worded quantity at price. Example: 50 at 500 Buy orders are worded price on quantity. Example: 450 on 50

Trading Glossary