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S3 Matching Technologies to Deliver Sub-Second Market Depth Analysis and Options Reporting for Scottrade New Services Are Most Advanced Technology in Data Management

SOURCE:

S3 Matching Technologies

2008-04-03 03:00:00

S3 Matching Technologies to Deliver Sub-Second Market Depth Analysis and Options Reporting for Scottrade

New Services Are Most Advanced Technology in Data Management

AUSTIN, TX–( EMWNews – April 3, 2008) – The financial services unit of S3 Matching

Technologies has concluded a deal to deliver advanced equity and options

reporting and analysis for Scottrade, the leading branch-supported online

investment firm. Scottrade will use a number of customized tools and

reports powered by S3’s patented TeraMatch® technology.

“Scottrade provides our customers with a quality trading experience every

time they place a trade,” says Matt Billings, Director of Trading Services

for Scottrade. “S3’s reporting capabilities and their understanding of the

markets will augment Scottrade’s ability to provide our customers with

execution services they can rely on.”

The S3 technology evaluates the best price for an equity or option almost

as quickly as a trade is executed, and it uses market depth, not just NBBO,

to analyze best execution. The information, acquired on a sub-second basis

with millisecond support, provides for a detailed and timely understanding

of trade performance, order flow and price improvements. The flexibility

of S3’s technology allows for customized solutions that facilitate

execution quality enhancements for S3’s clients using proprietary data

quality management tools.

“With S3’s reporting and analytics, Scottrade will be able to intimately

examine all order flow and market data, including depth, and acquire the

information needed to evaluate the quality of their customers’ executions,”

says Rod Taylor, Vice President of Financial Services for S3.

S3’s portfolio of services includes a future offering of real-time options

and equities reporting for Scottrade.

About S3 Matching Technologies (www.S3.com)

S3 is an Austin, Texas based company focused on providing data quality

management software for the IT, telecom, financial services, and healthcare

industries. S3 invented TeraMatch®, the first ever hybrid algorithmic and

rules-based matching engine. S3’s software is deployed as managed

services.

CONTACT:
S3 Matching Technologies
Jim Moore

512.300.9232

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