VisiTrade Inc. (OTC: VTDI)
VisiTrade Inc. (OTC: VTDI) is a new investor-to-investor, online stock-trading platform operating 24/7 with one flat fee. No associated Exchange fees and no commissions. Facilitated through a registered Broker/Dealer, Wang Investments, the soon to be launched VisiTrade platform allows individual investors to post and execute their own buy- and sell orders, trading directly with other individuals matching the order. It is a unique, first-of-its-kind, – a pure investment community without market-makers, where online investors come together. Trading with VisiTrade will be available to all individual online investors who establish an account at Wang Investments. Visitraders pay a flat fee of $7 per transaction, regardless of the number of shares being traded.
Reaching Other Countries
VisiTrade is taking the next step in bringing the first after-hours trading platform to the European & Asian investment community. The platform will attach to an online trading platform, thus giving investors two trading areas. To stay informed VisiTrade is giving investors the opportunity to register. By registering VisiTrade will keep you up to date on the progress. Clients that register will receive emails, informing our clients of the process in obtaining a broker, and when the demo trading board will be available.
About Trading
Clients will be able to access the trading boards through the online trading system, VisiTrade will have a separate trading button. After you have entered the trading system then you will have the opportunity to proceed to a company’s trading board. From there will enable you to review the company’s order book, where you can view both buy and sell orders on that company.
Because the trading system is not a matching service you will have to click on the action that you’re requesting.
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.
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 liquidly.
* 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 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, by 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.
AlphaTrade Agreements
VisiTrade has entered into an Agent Compensation Agreement and an Advertising Agreement with AlphaTrade.com. Under the terms of these agreements, VisiTrade traders will be referred to the AlphaTrade.com website where they can access high performance streaming market data covering stocks, options, e-minis, mutual funds for all North American markets and currencies. When the traders sign up for further premium market services including real time market quotes, Level 2 pricing, advanced charting, and sophisticated market studies, a monthly compensation commission will be generated for VisiTrade Inc. The advertising part of the agreement will highlight the VisiTrade online trading platform on the Alphatrade.com website to more than 375,000 active online traders. This should attract many interested traders to sign up for VisiTrade’s unique 24/7 services.
“The agreements we have signed with AlphaTrade.com will generate tremendous exposure for our online trading platform,” commented Larry Bolton President and CEO of VisiTrade Inc. “With the compensation agreement we hope to build a steadily growing stream of revenues combined with the advertising agreement that should attract a growing number of traders to our VisiTrade platform.”
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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. 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.
