My stock markets
trading software

PeakAccess is made by Banc of America ETS division. I know I don’t use all features of this stock markets trading software, but it works as I expect and provides me the necessary tools for order entry and execution.

Here are some details about this stock markets trading software:

Order entry

PeakAccess’ integrated order entry system allows both Point-and-Click, Keystroke and Basket order entry capability. On the Level II window traders can view each bid and offer the various Market Makers, ECNs and Specialists posts along with each price change. PeakAccess provides routing to all ECNs, NYSE, NASDAQ market makers, AMEX, regional and all option exchanges.

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Portfolio management

All account and position data is dynamically updated allowing me to monitor open positions, pending orders and status, profits and buying power — in real-time.

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Detailed quote window

This real-time feature allows me to watch an unlimited number of symbols dynamically updated throughout the day. The detailed quote window shown below is fully customizable and allows you to choose from over 25 fields of related information on a particular symbol, including bid/ask, volume, change, etc. Like all features on PeakAccess you can customize the quote windows using any particular color scheme, font or configuration.

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Charts

PeakAccess offers dynamically updating, real-time intra-day chart data and historical information. You can chart stocks, options, indices or stock baskets with daily, weekly or any interval of intra-day data. PeakAccess also includes a comprehensive package of technical analysis and charting tools.

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Alerts

Alert are a very useful feature of this stock markets trading software. Traders can dynamically monitor multiple securities for various price and volume parameters. The Alerts feature visually and audibly notifies traders once a security/instrument they have selected has news, exceeds a volume requirement, passes above/below a price they selected or whether a new high or low has been attained. Traders can enter any number of symbols and enable/disable any combination of Alert options.

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Baskets

I do not use this feature, but it can be useful to monitor a group of stock as one symbol.

Market Watch and Top Ten List

PeakAccess offers tools such as Market Watch and Top Ten List. In one concise real-time window the Top Ten List feature allows traders to see the Most Actives, Largest Point and Percentage Gainers and Largest Point and Percentage Losers on the NASDAQ, NYSE and AMEX. The market watch feature allows you to monitor the major market indices that are used as barometers for trading U.S. stocks. The real-time and dynamically updating color coding features make following the trends and action for the day that much easier.

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Technical background

I think this technical info is also important to know.

PeakAccess’ servers are housed the WorldCom/UUNET Mega-Hub in Dallas, Texas. These servers communicate directly to the Internet and connect reliably with virtually unlimited bandwidth on demand. All hardware and networking equipment are higher than normal standards. The program links to multiple networks so data is available even if another network is down.

DAFC, a quote vendor, receives its quotes through direct connections to each ECN and Exchange. The quotes are then sent to the clients over the Internet or by direct connection. Another DAFC component is the nearness to the NASDAQ servers. Broker Server Array is located one floor below the NASDAQ Servers and has a direct connection to the NASDAQ Server Array, which eliminates the need for a local loop connection and decreases the transmission time to the PeakAccess servers.

One of PeakAccess’ advantages is the use of the Internet to deliver data to the trader. Data is so compressed that it easily passes over relatively low bandwidths. The quote server delivers only what is needed at the time. For example, according to the manufacturer, once a computer has found your symbol for level II or charting, it will record and store that data so if you need the symbol again, you have it. Because the data is compressed, not a lot of bandwidth is needed to change stock symbols. Also, the trader has immediate access to the most commonly used symbols. PeakAccess can also process large amounts of data with no nothing left in the queue, so the trader suffers no delays.

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