Revamped Stockwatch An Immediate Hit
REVAMPED STOCKWATCH AN IMMEDIATE HIT
Share market investors around the country have been quick to take advantage of two powerful new features of the award-winning StockWatch web site at (www.stockwatch.co.nz). * StockWatch now provides data from the Australian Stock Exchange (ASX) in addition to its well-known NZSE service. * Investors can now use StockWatch to trade NZSE shares online.
Within a few hours of their unveiling late yesterday, the new services were proving to be a hit.
"We're receiving subscriptions at an extremely fast rate and have already had an impressive uptake to the online trading service," said Chantal Dunbar, General Manager of Wilson & Horton Interactive, which operates StockWatch. Australian Stock Exchange (ASX) market information
Investors can now use StockWatch to obtain:
* ASX Real Time Quotes
* ASX Market Depth -- a summary of the latest bids and offers
* ASX Charts
* ASX Announcements
* ASX E-Alerts -- an automated e-mail service that notifies an
investor when a stock trades at a given price, the buy or sell
prices change by a specified amount, or even when a company
makes an announcement to the market StockWatch also enables
investors to integrate their ASX and NZSE shares in personal
online portfolios, with share values expressed in NZ dollars.
There is an online forum for each stock, so investors can share tips, or discuss market movements with each other, creating a community of like-minded investors.
All these services are covered by an annual subscription fee of just $47.40.
Using QuickTrade, investors can now trade shares NZSE shares online. StockWatch plans to add trading of ASX shares in within a couple of months.
QuickTrade services enable investors to:
* Buy and sell NZSE listed securities
* Place "market" or "limit" orders
* Alter or cancel orders that have not traded yet
* Get automated reports on the progress of each order
* Keep records of open orders and the investor's entire order
* Obtain real time prices, price charts and company announcements
* Receive personal portfolio updates for each completed trade
* Speak with a "real human" broker during normal business hours
QuickTrade transactions cost from $29 per completed trade (for trades under $NZ10,000).
"The online sharemarket community is growing every hour around the world, and the team at Wilson and Horton Digital saw the huge advantage of bringing all of these services into one site," Dunbar said.
StockWatch makes it easier to understand the sharemarket, providing information to the user in an easy-to-navigate environment.
"We're making it simpler for the investor to monitor their stock portfolio, giving them all the information they require before deciding whether to make an online trade," said Dunbar.