IE Staff
(November 23) – A new firm, Measuredmarkets Inc., plans to launch an Internet-based tool for identifying statistically deviant stock trading behaviour. Measuredmarkets Inc. is a privately held Canadian firm, owned by Christopher Thomas.
The so-called “M2 Early Warning Service” will be available online in the first quarter of 2000, covering Toronto, New York and Nasdaq. The firm says that several Web brokerage firms and “financial markets information” portals are currently evaluating the product.
The service aims to determine the normal trading patterns for each stock and then identify those that have begun a significant change in trading behaviour.
-IE Staff
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