Zignals goes live with the commercial marketplace for trading strategies - an "eBay of Finance"
Zignals is celebrating its 2-year anniversary launch with the release of its keystone
service, the commercial MarketPlace for trading strategies. The MarketPlace is
at the core of the Zignals world, offering members the opportunity to earn money
in a 50:50 revenue share with Zignals.
Zignals is unique amongst online financial service providers by offering a total
solution for global investors. From the launch of charts and alerts in 2008, members
now have available to them a portfolio manager, stock screener, trading strategy
builder and the newly minted MarketPlace with new services like the Trade Timer
due for release soon.
All trading strategies published by Zignals members are available for purchase in
the MarketPlace. As a hook to populate the MarketPlace, all Publishers of trading
strategies get their strategy trading signals for free. To help publicise individual
strategies, each member's home page is not just a source of information on their
alerts, strategies and portfolios - but is also a marketing page to allow members
share their strategies with prospective subscribers.
Pat Brazel, CEO of Zignals, "If you're a super-smart financial whiz with time on
your hands to build strategies for trading stocks, we act as your agent, and for
investors disappointed with other sources of trading advice, we offer a marketplace
where the best trading strategies can be found,"
One of the challenges facing Zignals is bringing data-heavy services frequently
found only at institutional investment houses to the desktop of retail investors
in a fast, responsive manner. Microsoft's IP Ventures Program, celebrating its
5-year anniversary, was able to help.
"Most people are stunned at how fast our performance is when you consider everything
that it's doing," Brazel says. "And that's in no small measure due to the Microsoft
technologies we used."
In addition, Zignals user interface is built on Microsoft's web-based, Silverlight.
"Silverlight addresses the needs of Web-based traders better than any other technology.
Not only does it look great, but the practical advantages of a zero-footprint, no-install
implementation are immense."
Zignals isn't resting on its laurels. A new free-in-beta premium service, Trade
Timer, is set for release with a feature set unique to any financial application.
Zignals members will be able to test trade triggers across a range of stocks for
a selected risk management strategy.
With 20,000 members and growing, Zignals offers opportunity and support for investors
and traders across the globe to prosper - from building and
selling trading strategies,
tracking portfolios,
charting stocks, to
market alerts and
active stock scans.
Zignals has it all.