Stock on the Move for Friday! February 2, 2007
NOTE: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.
February 02, 2007 -- Stock Market Alert's performance stock list includes: TRADEX Global Financial Services, Inc. (PINKSHEETS: TDXG), Sun Microsystems, Inc. (NASDAQ: SUNW), JPMorgan Chase & Co. (NYSE: JPM), Circuit City Stores, Inc. (NYSE: CC).
Activity surrounding TRADEX Global Financial Services, Inc. (PINKSHEETS: TDXG) has been very interesting lately. The company, a financial services company that provides access to the U.S., Canadian, European and Asian financial markets to foreign investors, has been releasing positive news that should appeal to investors.
Most recently the company has announced that client assets managed by TRADEX Inc. have increased 21.7% since July 31st, 2006. "This significant increase of Assets under Management during the past six months is due to TRADEX's ability to attract larger institutional clients that deposit significant sums of assets into their TRADEX accounts," commented TRADEX's CEO, Federico Pozuelo. This is good news for the company, as it facilitates TRADEX's continued growth.
Prior to that news, the company had announced that it has signed a new Clearing Agreement with Interactive Brokers, Inc., which will provide a considerable reduction in its transactional cost. The results of the new agreement allows the company to pass on its reduced clearing costs to its clients (as announced in a recent press release) and now offers reduced brokerage commissions based on each clients' trading activity.
In an additional press release, TRADEX announced that it has launched its new website: http://www.tradexdirect2.com. The new website is designed to allow TRADEX clients with access to all of the various trading platforms and clearing relationships available through TRADEX.
What does all of this news mean for investors? In general, it allows the company lower costs per transaction, improve TRADEX's products and services and allow TRADEX's clients with access to more financial markets and investing instruments. TRADEX believes these relationships will not only assist them in attracting new individual clients, but also in capturing additional institutional clients as well.
We think that this is certainly a step in the right direction for a company that just began trading in November.
Stock Market Alerts first is continuing to recommend that aggressive investors monitor the company's progress!
TRADEX stock closed Thursday at Fifteen cents a share.
For an updated and in-depth profile of TRADEX Global Financial Services, visit http://www.wallstreettradingalerts.com/TDXG020107.html
TRADEX, Inc., a wholly owned subsidiary of TRADEX Global Financial Services, Inc. is a financial services company that is responsible for carrying out all the operations and marketing. The company specializes in providing access to the U.S., Canadian and European financial markets for foreign or international investors and corporations, using the highest trading technology and offering various trading platforms and clearing relationships.
TRADEX's unique trading technology and platforms allows its clients to have the most advanced technology and direct way to trade in the U.S., Canadian and European financial markets. The Company's primary target markets are self-directed clients, institutional clients and private managed accounts.
Other Stocks of interest yesterday were:
Sun Microsystems, Inc. (NASDAQ: SUNW) down 1.3% on 87.1 million shares traded. Sun Microsystems, Inc. is in the development of technologies that power some of the world's most important markets.
JPMorgan Chase & Co. (NYSE: JPM) up 0.5% on 13.4 million shares traded. JPMorgan Chase & Co. is one of the leading global financial services firm with assets of $1.3 trillion and operations in more than 50 countries.
Circuit City Stores, Inc. (NYSE: CC) up 5.6% on 7.6 million shares traded. Circuit City Stores, Inc. is one of the leading specialty retailers of consumer electronics.
Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for TRADEX Global Financial Services, Inc. (PINKSHEETS: TDXG). The compensation is twenty six thousand dollars (previously twelve thousand dollars and currently fourteen thousand dollars) from third party, Alex Consulting Inc., who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.
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