QuoteMedia (OTCBB: QMCI) announced today a two-year agreement to provide streaming real-time portfolio management, and comprehensive financial market data and research information, to Zecco Trading, a wholly owned subsidiary of Zecco Holdings which powers one of the fastest growing online investing and trading communities at zecco.com.
Following its launch on October 9th, 2006, Zecco Trading received huge publicity for offering customers free stock trading. Since then Zecco Trading has signed up tens of thousands of customers.
Under the terms of the contract, QuoteMedia will provide streaming real-time portfolio management solutions, including QuoteMedia's newly launched Quotestream II, as well as advanced charting packages, stock screening and market depth data, for Zecco Trading's rapidly growing customer base.
"We are absolutely committed to ensuring that our customers have the best information available," said Jeroen Veth, CEO of Zecco Holdings, Inc. "QuoteMedia's applications provide Zecco Trading customers with up-to-the-second market data and research information, to assist them in identifying great investment opportunities. The combination of QuoteMedia's comprehensive data and research coverage, and access to the social networking capabilities available through the Zecco.com community, truly harnesses the power of the Internet to ensure that Zecco Trading customers have the best possible information available for a successful investment experience."
The partnership is a significant opportunity for QuoteMedia as well, according to QuoteMedia, Ltd. CEO Dave Shworan.
"Zecco Trading's business model and approach are truly innovative, and they are enjoying tremendous success and growth," said Shworan. "We are thrilled that Zecco Trading has chosen to incorporate our data and technology solutions, and that we can join them as they revolutionize the brokerage and investment industry."