NexTrend Integrates MB Trading's Real-Time SolutionNexTrend Technologies Inc announced the integration of MB Trading's real-time direct electronic order entry into its NexTrend Trader and Trader Plus analytical software. Through a partnership with MB Trading, NexTrend customers now have fully integrated access to the MB Trading order entry and execution system for trading stocks. The partnership marks a significant advance in an industry-wide race to synthesize a simple yet powerful trading platform with an advanced market data tool set. Traders and investors are now able to click on a bid or ask within a NexTrend Level II window and send an order directly to an exchange, Market Maker or ECN through MB Trading's Sophisticated Management and Routing Technology (S.M.A.R.T.) order routing system, known as MBT Navigator. This intelligent execution system directs the order to a customer-specified exchange or to the ECN or Market Maker offering the best price and liquidity. Order execution costs as little as $7.95 per trade. "We couldn't be more pleased to join with NexTrend in offering this outstanding new trading platform," said Ross Ditlove, CEO of MB Trading. "Active traders who rely on market data and analysis tools offered by NexTrend can execute their orders directly from NexTrend's analytical software packages, using MB Trading's highly sophisticated order routing technology, the MBT Navigator. Together we now offer one of the most advanced integrated trading services on the market." "Partnering with MB Trading is a significant step for NexTrend. We are pleased that they have chosen us as a data and analysis partner, and look forward to offering MB Trading's services to our own customer base. Incorporating MB Trading's order routing and execution into our analytical software will give traders and investors yet another way to capitalize on what we consider to be the most comprehensive services available on the Internet," said Mark Cherlin, president and CEO of NexTrend. "We believe that investors will continue to seek out services that provide decision support and easy trade execution from within the same program." NexTrend and MB Trading will launch joint marketing, discount and incentive programs for users of the integrated service. MB Trading Inc, www.mbtrading.com, Formed by institutional brokers, MB Trading offers cutting edge Internet based stock market order entry on the Nasdaq, NYSE, and AMEX equity securities markets. MB Trading offers a direct access order and execution system to SOES (Small Order Execution System), SNET (SelectNet) and ECN's, with extended trading hours available on most venues. Registered brokerage representatives are also available to assist customers. MB Trading, Inc. is a registered Broker Dealer and member of NASD and SIPC. NexTrend Inc, www.nextrend.com, based in the heart of the Texas Telecom Corridor in Richardson, Texas, is the first financial market information provider to create its business and technology specifically to harness the power of the internet to deliver fully integrated market information and professional analysis directly to the desktop of the serious trader and investor. NexTrend Technologies Inc is a wholly owned subsidiary of NexTrend Inc. The company's analytical software provides streaming real-time quotes, charts, analytics and news and was named one of the best decision support tools of 2000 by Technology Investor magazine. The company markets its services through online brokers and investment service providers in the United States and in over 60 counties worldwide. Contact NexTrend Inc, Dallas, Tracy Dicks, 214-575-1280, tdicks@nextrend.com or MB Trading Inc, John Weinsheim, 619-687-7014, Porter Novelli Convergence Group, jweinsheim@ncgpn.com. |