Telerate Plans To Release Graphics Product This Spring; Likely Name For Compu Trac Effort Is 'Tele-Trac'

Telerate Systems, Inc. expects to debut the first fruits of its recent Compu Trac, Inc. acquisition sometime this spring (MTR, October 1985). The first real-time graphics package for Telerate money market data will most likely be called "Tele-Trac," and will run on Compu Trac's Delta terminal.

The new package, which has been eagerly awaited by many cash market traders, is based on Trade Plan, Compu Trac's hardware/ software system marketed to commodity futures traders through Market Information, Inc. Over half of Telerate subscribers get money market futures data, says Rick Snape, vice president, product marketing, and are considered likely prospects for the technical analysis system.

"Tele-Trac" will offer all of the standard technical studies, Snape says, and will allow users to devise their own. "We're finding that the typical studies that are handled by futures commodity traders and by stock traders are not necessarily applicable to cash markets," he says. "The cash markets behave differently than the futures markets do and it's going to open up a whole new realm of possibility in terms of technical analysis."

Telerate will probably drive the new system with a separate data feed, either the current satellite service feed or something similar delivered by wire. The graphics product will run on Rich trading systems, Snape says.