Tuesday, January 25, 2011

SogoTrade Just Released a New Trading Platform

SogoTrade.com, the online broker, just released its new trading platform for trading equities (stocks and ETFs) and options. The new platform is powered by the Genesis Security, SogoTrade's parent and the clearing company.

The platform has the all-in-one-place features, which is of great beneficial for speed decision-making, esp. day traders.It's quit amazing. The following screen shot is for placing stock orders

Beside the new order types that were introduced, it has the following features (most of these are customizable through the "Trade Settings" tab in the up-right corner)
  • a scrolling ticker (symbols, speed, and ticker symbol popup box are customizable)
  • real-time streaming market data (and L2 Time/Sales another pop-up window)
  • dynamic, interactive charting (3 types: basic, dynamic interactive, and powerChart-not yet implemented)
  • customizable order status and positions window,
  • integrated, streaming watch-lists (customizable number of tickers etc.) 

Introducing New Order Types
  • Trailing Stop and Trailing Stop Limit-Orders
  • Extended hours trades.

The Option trading menu



It also has the Profit/Loss and Probability Calculators, as well as other features that can help for deciding on an option strategy. Features are also customizable along with the option strategies.

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