BRIEF TRANSMISSIONS FROM FUTURES/OPTIONS EXPO

BRIEF TRANSMISSIONS FROM FUTURES/OPTIONS EXPO

Among futures-oriented quote systems, most notable change at FIA Expo October 14th-16th compared to last year was ubiquity of CBOT Market Profile. Last year, only Commodity Quote Graphics, Inc. offered Steidlmayer brainchild. This year everyone had, including $495 Lotus Signal-driven "Real Tick" package from Chicago-based Townsend Analytics, Ltd.

Also notable was emergence of Apple's Mac II as analytic workstation. Roberts-Slade, Inc. showed Master Chartist software in multi-screen Mac II configuration, as well as long-promised IBM version. Chicago software developer Dick Bachelor showed his Lotus Signal-driven "Warmachine" analytics package, also available in dual-screen Mac II version.

Besides "Warmachine" and Townsend's "Real Tick" Market Profile package, other fruits of Lotus's third-party development effort for Signal included $500 "E-Trader" from Woodland Hills, CA-based Novalogic, Inc., which captures and stores Signal tick data on disk in CSI or other standard formats, and second Townsend effort, MS Windows-based $1500 "Option Risk Management." Reuters showed SDS2 version of Roberts-Slade's "Master Chartist," which will be available December 1st at $150/month. Coming next year: SDS2 version of Advanced Reuter Terminal.

Westport Research Associates promoted "IQ Master" 68000-based quote processing board for IBM-PC as protocol converter for analytics software developers. Westport has drivers for Commodity News Services, Inc., Bonneville/Market Information, and Commodity Quotations, Inc. data feeds, so software developers writing for board specs don't need to create their own drivers.

Conspicuous by their absence: ADP CoMTRend (and CIS) and Market Vision. Conspicuous by its presence: Quotron, touting Inmark Development's "Market Maker" software (MTR, February 1987) on Q1000 and Sun Microsystems trader workstation. Conspicuous by its foggy thinking: IBM, promoting PC-RT as trader workstation with demo software for securities industry. "We don't have any demos for futures, so we brought this," explains rep.

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