Online Discount Broker TradeKing Introduces Auto-TradingLatest Enhancement Lets Investors Automatically Synch Trades with Recommendations from Top Investment Newsletters
BOCA RATON, Fla., Dec. 20 /PRNewswire/ -- Online discount broker TradeKing (www.tradeking.com) today announced it has become one of a select number of brokers to offer clients the convenience of Auto-Trading. Auto-Trading enables investors to activate automatic trading in their accounts based on the recommendations of their favorite investment newsletters. "We are constantly looking for new ways to empower our clients, giving them greater control over what and how they trade," said Don Montanaro, CEO of TradeKing. "Just as with our expansion of Advanced Orders last month, Auto- Trading now gives our clients even more flexibility to trade the way they want with less hassle and time-commitment on their part." Newsletters immediately available for Auto-Trading through TradeKing are Anacott Investments, Glinser, OptionPrincipal, Options-Trading-System, Short Sell Stock Picks, Stock Advisor Group, The Options Report and Trade Like Pros. Additional newsletter selections are expected to be added in early 2008. About Auto-Trading By adding features such as Auto-Trading, TradeKing aims to take the stress and guess-work out of managing an investment portfolio, giving investors an opportunity to keep their money working for them even when they don't have the time to do the trading themselves. Auto-Trading is a feature that accepts trading instructions based on recommended trades directly from a newsletter(s) pre-selected by the client. Then, the orders are executed according to criteria that the client has pre- set in his or her account. Criteria include 1) a fixed dollar amount, 2) percentage of cash in the client's account, 3) percentage of buying power, 4) percentage of account value or 5) number of options contracts. To learn more about TradeKing's Auto-Trade service or to set up Auto-Trading on an account, clients can call 1-877-495-5464 (KING) or click: https://www.tradeking.com/Modules/Trading/AutoTrade/publishers.php About TradeKing Recently rated the top discount broker for the second consecutive year by SmartMoney Magazine ("Best Discount Broker" by SmartMoney 8/1/07, based: on Customer Service; Mutual Funds; Trading Tools; Research; Banking Amenities) (1), TradeKing, at http://www.tradeking.com is a nationally licensed online broker dealer offering simple, low flat fees (Please see https://www.tradeking.com/PrivateView/services/Services/commissions.tmpl for more details on trade commissions for low priced stock, bonds, mutual funds and other securities). The TradeKing Web- based platform features powerful online equity, options and fixed-income trading tools including real-time portfolio information, advanced order entry, customized charting and alerts, free research and integrated news, stock, option and mutual fund screeners, volatility charts, a pricing probability calculator, enhanced option chains and interactive educational information. TradeKing also features innovative community networking capabilities to help connect like-minded traders for enhanced strategy development and information sharing. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment advice. Online trading system response and access times may vary due to market conditions, system performance, and other factors. Non-U.S. residents may be subject to country-specific restrictions. Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options available at http://content.tradeking.com/wiki/display/tkservice/Characteristics+and+Risks. Member FINRA/SIPC. (1) SmartMoney is a joint publishing venture of Dow Jones & Company, Inc. and Hearst Communications, Inc. All Rights Reserved Worldwide.
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