QuoteTracker Bought out by TD AMERITRADE! YIKES!

Quote from IGolf:

where did you get that idea? They have IB listed as being supported right on their home page as well as the Quote Sources page. Their FAQ explicitly states
http://www.quotetracker.com/faq.shtml#TDAContinueNonTDA


Can I continue to trade my non-TD AMERITRADE brokerage accounts in QT?

Yes! QT will continue to support linkages to other brokerage accounts. ........

pretty clear to me....I just don't think there is any grand conspiracy out there.....

(wait did you hear that noise)
More...

IGolf...

I guess you are correct. I guess I am just concerned with what
will happen in the future. IB is still usable for trading and data feed
through QT.

But for how long?

I would like to see the word "forever" or something to that effect
on their website. I guess I have security issues..

BTW.... anyone see my baby blanket? I think I lost it!...:p
 
I'm absolutely horrified. I have relied on QT for many years and it's absolutely best. It does have a steep learning curve, and it's quirky at first, but it's absolutely the best charting program ou there.

I have tried Ensign, QCharts, AmiBroker, Wealth-Lab, eSignal, etc. Nothing compared to the easiness of QT once you learn it.

Can't believe some users still think nothing will change, good luck.
New boss has the rights to change anything at anytime, can an employee fight with that? I don't think so.
 
If Ameritrade have plans to use QT as their main charting/order entry platform, then I would not be surprised if QT will become available only to Ameritrade customers, at best subscription might go up. I don't see QT being a truly free soft for the general public for too long now. That's just not good business for the buyer.
 
IMO, Quotetracker will probably remain available to everyone for a monthly fee, and become free for Ameritrade users. The days of the free version are probably coming to an end for sure.
 
TD/Ameritrade best be carefull if they up the price for QT too much
for non-Ameritrade users lest they lose all those customers.
(if they even keep it open to non-Ameritrade users)...

It is not like there is any other charting packages out there...

And if Ameritrade users get QT for free, then they better hope a whole
lot of traders/investors sign up with them to cover the costs of
buying out QT.

Especially if they cut out QT from non-Ameritrade users which is
probably more than 95% or more of the current QT users as of now...

Nice gamble for Ameritade, but will it pay off in the long run?...

Only time will tell...

In the mean time, Jerry, Mike, Mazel... spend the $$$ before
Ameritrade wants it all back!...:p
 
assuming that Medved's t/o was in the region of $1.5m p/a and also assuming that QT was purchased for $10m? I doubt that it was more than that anyway, makes it a small investment for TDA. They can afford to gamble with its usage for non-TDA users.
 
Sincere congratulations to the Medved software people !!!!

During a time of consolidation in the direct access trading business your firm chose the right business model ,,,and it paid off handsomely...

TD Ameritrade made a good deal and should maintain the integrity of this business model as it has worked well for a start up company...

TD Ameritrade already spends a lot of money on advertising...and thus it is super intelligent on their part to buy Medved...

The next step for TD Ameritrade would be to offer a business model that applies to traders doing high volume business by offering a cents per share model that compares to other companies cents per share model....

TD Ameritrade can now go head to head with Cybertrader...TradeStation,,,in that they now have a competitive charting product...and will open the field to a more professional trader audience than it has today...They could attract a nucleus of high volume traders that trade for a living that appreciates the likes of a big name company...

If TD Ameritrade duplicates the Charles Schwab model then they will also attract a lot of higher volume traders...and a lot of good business...

To offer a free version is smart marketing because Schwab and Tradestation have nothing like this...This would provide the essential learning curve for many people...and would win over their business...This would actually be cheaper and more effective advertising dollars for them...

I do not think things will remain the same in the direct access business....and possibly this is where change begins...with firms such as TD Ameritrade..

Congrats to both !!!!!!!!
 
You must log in or register to reply here.
Back
Top