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Figure 6.13
Sample Intelligent Routing Logic Screen
Copyright 2000, TradeCast® Ltd.
Alert Window
This window allows the trader to create alerts for selected stocks. The trader will be notified by message, sound, or remote access when a desired price point has been reached. Figure 6.14 shows an alert window.
This is a benefit for the busy person who still wants to make a few trades. You can set up the alerts you want, then go about your other business. The computer will call you back to the screen when the event you are looking for has occurred.
Some examples of possible alerts would be
if you want to be notified when DELL executes at a price of 48 1/2.
if you want to be notified when more than 10,000 shares of MSFT trade in a single block.
if you want to know when CMGI declines by more than 5 percent today.
Conditional Order Logic
This capability is being developed on the most-advanced systems to take the trader one giant step beyond alerts. Simply, you give the com-

 
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