E-Trade Financial Corp. introduced two online tools to help investors see market opportunities, generate trading ideas, and make trading decisions.
The New York online trading company introduced a "strategy scanner" that offers more than 25 predetermined and unlimited, customizable trading strategies. It also unveiled a "streaming sectors" tool that uses charting and real-time data to demonstrate how individual industries and sectors are performing from technical and fundamental points of view.
The scanner continuously examines all U.S. market equities and alerts customers when preset conditions, such as minimum volatility, are met. The streaming sectors tool breaks down sub-sectors by individual stocks, highlighting those that are significantly affecting overall sector performance.
The tools were introduced at an E-Trade Securities Trading Education Day on Wednesday and are available free, exclusively on Power Trade Pro, the company's fully customizable platform for active traders.