Investor to Investor Online Stock-Trading Platform Makes Sense AND Cuts OUT the Market Maker
Visitrade Website – VTDI
VisiTrade is promoting an investor-to-investor, online stock-trading platform which operates 24/7. This electronic platform will match buyers directly with sellers and will bypass the market-making intermediary. VisiTrade will compete with larger discount-trading platforms by offering an investor-to-investor trading platform.
By registering with VisiTrade you will be kept up to date on the progress. Clients that register will receive emails, informing them of the process in obtaining a broker, and when the demo trading board will be available.
Example:
You want to purchase a 1000 shares of a stock, and after reviewing the order book you see lots 700, 1500, 1700 you will be unable to facilitate that request you can only purchase the lot that is for sale, so in short no partial fills.
The same is true on the sell side if your looking to sell 200 shares of stock the only way you will be able to do so is to find a buy order for 200 shares, or a combination equal to 200 shares.
Trading will begin with a few hundred stocks that have the most liquidly, and add more stocks based on liquidity.
ABOUT TRADING
Investors that have an account with the participating Broker will be able to trade immediately, only investors that have an account will be able to trade. After the broker has opened your Internet trader account you will be issued your account number to begin trading on the trading system. To place a buy or sell order, proceed to the company you wish to submit an order for. Then go to the add new transaction section and select how many shares you would like to buy or sell. Through the Internet trader account, investors will be asked to enter their account number; entering your account number will allow the broker to process the transaction for $7.00
Investors will be able to modify price or volume at any time without incurring any expense. The trading system is not a matching service so to execute any trade will require you to physically submit the buy or sell order. Orders are processed on a real time basis.
Source: Visitrade
Contact:
Trevor Burns investor@tigercapital.com
Tiger Capital Corporation
416.252.3663 or toll-free 877.844.3704
Stock Guru Profile of Visitrade
VTDI Disclosure: Pentony Enterprises LLC expects to be compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises LLC currently holds thirty eight thousand five hundred free trading shares.
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