Spooz, Inc. (OTC: SPZI) announces the release of powerful new strategy control features for SpoozToolz that empower brokers and traders to run, monitor and manage multiple automated trading strategies simultaneously: Rapid development, deployment and production of algorithmic trading strategies; Connectivity to exchanges, brokers, data, and third party applications; and, Control of multiple strategies and their associated risk and profit targets. SpoozToolz utilizes Microsoft� Excel� as the Graphical User Interface (GUI) because it is the global standard for financial analysis and trading decision support. There are 440 million installations of Excel globally and it is supported in more than 50 languages. SpoozToolz adds toolbar functions to Excel that enable the trader to quickly and easily create quote and click oriented trading screens, algorithmic and �black-box� systems. SpoozToolz enables the trader to bring concept to production in hours instead of weeks or months. Add-on modules provide specialized functionality in the form of SpoozChartz�, Spooz AutoSpreader�, and Spooz CPM� (Custom Pricing Module). Connectivity to market data and execution through broker are accomplished via the ToolzKit�. The ToolzKit renders the SpoozToolz middleware highly extensible by enabling the trader with the ability to create adapters to connect to an Excel enabled execution, order and position management. A test application GUI is included to aid the trader in connecting applications to SpoozToolz or connecting SpoozToolz to a wide selection of vendor price feeds, broker feeds or execution gateways. C# scripting capability is available in the ToolzKit for low latency strategies and systems. AlgoServer� will eventually provide the trader with the ability to co-locate low latency solutions closer to exchanges for low- latency execution. The Control Dashboard addition rounds out the platform�s robust functionality by giving the trader the ability to rapidly deploy strategies and manage multiple automated trading strategies simultaneously. Although Strategies may be developed in Excel, the low latency execution of orders is performed in the SpoozToolz C# middleware. The Control Dashboard displays activity, position, fills, and status of each running strategy as well as customizable risk and profit algorithms. Due to the virtually unlimited flexibility of SpoozToolz the market scope is tremendous. Any exchange listed financial instrument can be traded; including stocks, futures, options, ETFs, Forex, cross asset class spreads, and uniquely customizable, and tradable synthetic instruments. With the addition of the Control Dashboard, SpoozToolz befits hedge funds, brokerages, proprietary trading firms, as well as the independent trader because it empowers buy and sell side market participants to create and trade custom synthetic instruments. SpoozToolz is currently being deployed to brokers and proprietary trading firms in the Chicago area. Distribution to independent traders will begin later this year. About Spooz, Inc. Spooz, Inc. is an independent software vendor developing revolutionary trading solutions for active and professional electronic traders. Spooz's suite of technology products provide the most versatile configuration of trading screens, analysis screens and automated trading systems in a fast growth financial marketplace. Spooz is a trading solutions company focused on next generation traders. SpoozToolz�, AlgoServer�, SpoozChartz� Spooz AutoSpreader�, ToolzKit� and Spooz CPM�, the Company's flagship products, enable any trader to quickly and efficiently bridge the gap between concept and execution. The value of the SpoozToolz platform it that it allows any trader to create trading applications that retain flexibility and customizability, are simple to use, and that facilitate bringing the traders ideas to production before opportunity for profit is lost. Forward Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.
Spooz (PK) (USOTC:SPZI)
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Spooz (PK) (USOTC:SPZI)
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