PHOENIX, June 08, 2016 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB:QMCI), a leading provider of market data, financial web content solutions, and eOption, a Chicago based stock and option broker, announced the deployment of the QMod™ suite of market data, research and analytics, as well as Quotestream®, QuoteMedia’s streaming data application, for the new eOption Trader platform.
eOption offers deep discount commissions for stock and option trades on a newly enhanced platform using financial market data and research information powered by QuoteMedia. The revamped platform is designed with option traders in mind and features a dynamic Web-based HTML5 streaming platform.
Sophisticated and new options traders can tap into eOption’s pre-set dashboard layouts or create customized configurations using a robust suite of widgets. Streaming mobile applications accommodate multi-leg option trading, stream real-time quotes for both equities and options, in addition to exporting chart and history data. The eOption Trader platform is highly configurable to adapt to individual preferences and offers rich research, analytics and news typically only offered to professional traders.
QMod™ is QuoteMedia’s next generation of JSON-powered HTML5 market data widgets that quickly and seamlessly integrate financial market data content into mobile-ready websites or portals. QMod data displays self-optimize for all variations of desktop, tablet and mobile devices.
“By fully integrating the QMod™ suite of market data solutions into eOption Trader and eOption Mobile, we have taken eOption’s platform to the next level,” said Shawn Herrin, President of eOption. “eOption’s industry-low commission rates combined with state-of-the-art fintech gives traders the tools necessary to expand their ability to evaluate market opportunities.”
“We are very pleased to partner with eOption on this exciting initiative," said Dave Shworan, CEO of QuoteMedia Ltd. "eOption has created a remarkable new trading platform that truly serves the needs of the active options trader, and we are proud to be playing such an important role.”
eOption offers a modern, efficient trading environment that meets the needs of the active trader and self-directed investor community without the high commission cost. A unique value that enhances successful trading with the potential for higher investment yields, without sacrificing quality of execution and customer service. The value proposition enables you to engage in strategies often considered cost prohibitive. Stock trades are $3 and option trades are $3 plus 15₵ per contract. Clients have the ability to realize immediate significant savings whether you are interested in selling covered calls or placing four-leg iron condors. While options are the focus, eOption also offers a full range of investment products and services to a broad range of customers.
QuoteMedia is a leading software developer and cloud-based syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages, and financial services companies. The Company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, filings, corporate financials, insider reports, market indices, portfolio management systems, and data feeds. QuoteMedia provides data and services for companies such as the NASDAQ Stock Exchange, TMX Group (TSX Stock Exchange), Dow Jones & Company, FIS, U.S. Bank, Broadridge Financial Systems, Ridge Clearing, JP Morgan, CIBC, JitneyTrade, Southwest Securities, HD Vest, Intrinsic Research Systems, ING Investment Management, Stockhouse, Zacks Investment Research, General Electric, Dow Chemical, Boeing, Bombardier, Business Wire, PR Newswire, Marketwired, FolioFN, Regal Securities, ChoiceTrade, Qtrade Financial, Mackie Research Capital, CNW Group, Schaeffer's Investment Research, Brean Capital, TradeKing, Suncor, Virtual Brokers, Equities.com, Leede Jones Gable, Divy Inc., Motif Investing, First Financial, Stock-Trak and others. Quotestream®, QModTM and Quotestream ConnectTM are trademarks of QuoteMedia. For more information, please visit: www.quotemedia.com.