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Online Broker TradeKing Gives Investors Access to Wide Breadth of Previously Hard to Reach Information on Municipal Bonds

Easy-to-Read Bond Offering Factsheets and Related Disclosure Information Available to Clients Directly at the Point of Investing

Dec 15, 2010

FT. LAUDERDALE, FL—December 15, 2010 – Online broker-dealer TradeKing (www.tradeking.com) announced today it now offers DPC DATA’s MuniPOINTS® abstracts and MuniDOCS® Online documents as part of its Fixed Income toolset, disclosing all material facts about market transactions related to municipal bond offerings, or “munis,” directly at the point of investing.

 

MuniPOINTS delivers easy-to-read deal summaries containing "just the facts" in bullet-point text, excerpted directly from the official bond offering statements with no analytical content. In addition, MuniPOINTS offers one-click access to all related primary and secondary market disclosure information, including material event notices, via the MuniDOCS Online portal. Both information resources are offered free of charge and can be found in the Fixed Income portion of the TradeKing site under the Trading menu.

                                        

“When it comes to trading ‘munis,’ it is more important than ever for investors to get access to the breadth and depth of information they need to make informed decisions,” said Roberto Donovan, Chief Compliance Officer of TradeKing. “By offering MuniPOINTS and MuniDOCS Online, we solve that problem for clients interested in trading municipal fixed income securities. It’s exactly the type of enhancement we value most at TradeKing – taking something that was previously cumbersome or obscured for investors and making it simple, accessible and transparent for all.”

                                    

MuniPOINTS and MuniDOCS Online are developed by DPC DATA Inc. (www.dpcdata.com), the leading provider of disclosure-related data products and specialized data services to the municipal industry.                  

 

About TradeKing

TradeKing (http://www.tradeking.com) is a nationally licensed online stock and option trading broker offering simple, low cost online trading fees ($4.95 per trade plus $.65 per option contract) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2010 SmartMoney Broker Survey).  

 

Follow TradeKing on Twitter at http://twitter.com/TradeKing.

 

Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading system response and access times may vary due to market conditions, system performance, and other factors.

Member FINRA/SIPC.

 

Company names, photos, products, services and branding related to mobile devices and related software may be service marks or registered trademarks ("Marks") of their respective owners, which owners retain all legal rights. Use of the mobile devices and related software is subject to the respective provider's terms and conditions or standard software license agreement. The use of these Marks is not a representation that TradeKing is affiliated with, sponsors, endorses, is sponsored by or endorsed by the mobile device, related software or Mark owners.

 

(1) Please see http://www.tradeking.com/fees for more details on trade commissions for low priced stock, bonds, mutual funds and other securities.

(2) TradeKing was ranked #1 in Customer Service in the SmartMoney June 2010 Broker Survey based on the following categories: Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service@tradeking.com.  



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