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.
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).
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