Business Services Industry

Track Data Announces Addition of ABN AMRO For Listed Securities Trade Executions Through its myTrack Trading Service

Business Wire, August 7, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 7, 2000

Track Data Corporation (Nasdaq:TRAC) today announced that it expanded access to ABN AMRO Incorporated as another routing destination for listed stock trades placed through its myTrack Internet-based online trading and market data service.

ABN AMRO has been providing option trade executions since myTrack first introduced online trading.

"ABN AMRO has provided excellent service to our customer-base for option trading. We look forward to comparable service for listed stock executions," said Barry Hertz, Chairman and CEO of Track Data.

"ABN AMRO is thrilled to expand the services provided to Track Data to include listed stock execution. The cooperation of two technologically advanced companies such as Track Data and ABN AMRO only helps to provide the trading community with more efficient and effective trading tools," stated Tim Hamick, First Vice President, ABN AMRO.

ABOUT THE COMPANIES

Track Data is a New York-based financial services company that provides real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For individual investors, Track offers myTrack, a fully integrated, Internet-based online trading and market data system. myTrack's online trading has commissions starting at $12.95 per trade and allows users the choice of where to route their orders. myTrack's continuous, dynamic stream of live market data is powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML web-based static pages offered by most of its competitors, such as Schwab (NYSE:SCH), E*Trade (Nasdaq:EGRP), and TD Waterhouse (NYSE:TWE). In addition to all the free data supplied to myTrack users -- streaming delayed quotes, company news, charting for technical analysis, and a proprietary library of intra-day market statistics -- myTrack users can choose from a selection of paid data and research, including streaming real-time quotes and Nasdaq Level II.

myTrack offers the first week of trading commission-free. To open a trading account, go to http://www.mytrack.com or call 1-800-myTrack.

For additional information, please contact Laurel Louison, Investor Relations, at 718/522-7373 or by e-mail: laurel_louison@tdc.com.

ABN AMRO Incorporated (AAI) is a full-service investment banking, advisory, execution, and clearing firm with more than $525 million in regulatory capital. AAI is a clearing member of all principal United States equity, option, and futures exchanges and functions as a "broker's broker" to execute and/or clear trades for more than 350 correspondent clients. These clients include NYSE member firms, regional broker/dealers serving institutions and individual investors, broker/dealer subsidiaries of national and regional banks, start-up broker/dealers, investment advisors registered as broker/dealers, financial institutions, and professional traders. Through fully staffed trading desks for listed and OTC stocks in both New York and Chicago, and with more than 180 staff members on the floors of the major exchanges, the firm provides quality trading and execution services to its dealer clients.

For additional information on ABN AMRO please contact Tim Hamick equity execution services at Tim@tccisi.com or for option execution and clearance Lance E. Dominick at lance.dominick@abnamro.com.

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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