 |
MB Trading Press Release
EL SEGUNDO, Calif., March 23, 2004 - MB Trading (MBT), a leading direct access brokerage firm, ranked third in "Trade Execution" and "Costs" in Barron's Annual Online-Broker survey, published earlier this month. These high scores are achieved in two of the most critical categories for the active trader community.
MBT earned 4.8 out of 5 stars in Trade Execution and 4.5 out of 5 stars in Costs. When combined, MB Trading ranks within the top 10% of all firms surveyed in these categories.*
"Given our firm's goals, this rating is important validation for MB Trading," said Ross Ditlove, CEO and co-founder of MBT. "We have and will continue to focus on delivering high-quality executions to our traders in the most cost-effective manner possible."
Ditlove attributes MB Trading's success in the Execution category to MBTX, the firm's intelligent order route. MBTX seeks the best execution and price improvements that average savings of $.004 per share for OTC and up to $0.015 per share for listed securities.
The high rank in Barron's "Costs" category is a reflection of MB Trading's long-standing dedication to providing high-quality trading technology at affordable prices. Following a recent commission reduction, MB Trading's are among the lowest for all direct access brokers. MB Trading's free software package and account features including no additional charge for phone orders, no inactivity fees, and no minimum ticket size are ideal for novice and professional traders alike.
Barron's also praised MBT's trading technology flexibility. The MBT Navigator can be integrated with a number of industry leading data providers, including eSignal, QCharts, DTN.iQ, QuoteTracker and StockWatch Pro. Plus, with the recent launch of its Software Development Kit (SDK) and Application Programmer Interface (API), Black Box systems can also take advantage of MBT's routing technology. The company offers a fully hosted environment in which Black Box systems can be housed at MBT's data facility in order to reduce connectivity latency normally associated with the Internet.
About MB Trading
MB Trading is a direct access brokerage offering online Exchange-listed, OTC, options, and futures trading (offered through MB Trading Futures) through their proprietary platform, the MBT Navigator. MB Trading also offers smart order routing via MBTX, which intelligently scans market makers, ECNs, exchanges, and dark pools of liquidity for the best available execution price.
The MBT Navigator is the only order entry system that integrates seamlessly into the industry's leading quote providers, including eSignal, QCharts, QuoteTracker, and several other third-party applications. All securities transactions offered through MB Trading, member NASD/SIPC. For more information please call (866) 628-3001 or visit www.mbtrading.com.
About MB Trading Futures
All futures transactions are offered through MB Trading Futures, member NFA. Futures trading is speculative in nature and not appropriate for everyone. Investors should only use risk capital when trading futures because there is always the risk of substantial loss. For further information please call (866) 628-3003.
Interested media should contact Holt Hackney at (512) 560-6770 or email HHackney@hackneycommunications.com.
* Calculated by taking the sum of MB Trading's Trade Execution and Cost scores (4.8 + 4.5 = 9.3) and comparing this number to all other online brokers ranked in the same categories by Barrons.
|
Open an Account
Press Releases
