DTN upgrades trading platform

Source: DTN

DTN, a leading business-to-business provider of transaction management and real-time market information services, today introduced DTN ProphetX 3.3, the newest version of its popular trading platform.

Among several new enhancements, DTN ProphetX 3.3 includes an integrated order execution capability which allows users to trade futures contracts seamlessly within DTN ProphetX. Designed specifically for futures traders, DTN ProphetX 3.3 delivers increased analytical power, unmatched reliability and ease-of-use in one convenient application. The enhanced platform is available in several professional versions, including DTN ProphetX Commodities Edition, DTN ProphetX Energy Edition and DTN ProphetX Ethanol Edition.

Through DTN's partnership with Trading Technologies (TT), DTN ProphetX 3.3 offers ultra-fast and stable exchange connectivity which enables traders to make smarter trading decisions then quickly execute those trades from one easy-to-use platform. To ensure the reliability and accuracy of its information, DTN has added improved redundancy and failover capabilities, a proprietary tick-scrubbing process and faster quote data and news processing systems.

Another significant enhancement is an expanded options charting function. With the release of ProphetX 3.3, DTN is proud to offer an advanced tool for analyzing options positions. Users have one click access to linked chart displays of options greeks, implied volatility, volume and open interest.

New charting capabilities also include the addition of forward curves and a new Quote Meter display. Similar to yield curves in the fixed income markets, forward curves provide an educated look at where commodity and energy prices are trending, as well as the seasonal impact on prices. Quote Meter is a brand new charting display that shows relative strength between various contracts and instruments over four different time intervals - today, one week, two weeks and one month. A strong tool for observing price activity and volatility, Quote Meter can help traders determine whether particular stocks and commodities are losing steam or gaining momentum.

"DTN ProphetX 3.3 is the best choice for a fully integrated, comprehensive solution for professional traders," said Robert Gordon, chief executive officer, DTN. "By adding order execution and other key enhancements, DTN ProphetX 3.3 provides the power, speed, reliability and ease-of-use that are essential to successfully participate in today's volatile markets. DTN remains committed to providing traders the tools and resources they need to analyze the market and make smart trading decisions."

Popular DTN ProphetX features found in version 3.3 include extended display across multiple monitors, integrated 'drag and drop' features, and keyboard shortcuts that assist in creating new displays from existing data, such as spread displays and chart overlays. Price alerts can be set up and customized through visual, audio, email or text-to-speech cues to ensure prompt response during periods of intense market volatility. Finally, a wealth of real-time news coverage is streamed from a range of top-tier sources including DTN's own newsroom, Reuters, Dow Jones, Barclays and others, so traders are kept up to speed on market news and information influencing the market.

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