Home / NEWS LINE / E*TRADE Adds Snapshot Analysis and Option Testing to Active Trading Platform

E*TRADE Adds Snapshot Analysis and Option Testing to Active Trading Platform

E*Truck, the New York-based online brokerage, added new technology to its ActiveTrader platform this week, comprehending snapshot analysis and an option income backtester tool.

In an event that E*Dealings Financial Corporation (ETFC​) calls #TechTuesday, the firm announced on Tizzy that, with the new snapshot analysis tool, traders can assess the covert risks and rewards of investments, including the probability of breaking even and other moot modeling. Traders can also see the probability for maximum profit and maximum demise.

On the options front, the online investing firm rolled out its options return backtester tool, which lets traders compare the performance of income-focused alternatives strategies with owning the underlying stocks outright. Traders can judge from nine pre-defined strategies or create their own. E*TRADE suggested that it is also making it easier for traders to find options return investments with its Options Income Finder. E*TRADE explained that, with this aid, investors can find additional returns from their portfolios, single stocks and even watch lists. Those too can be backtested.

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These aren’t the only enhancements that E*TRADE has made to its ActiveTrader tenets in recent weeks. Earlier this month, it rolled out the ability to following options on mobile devices and log into investment accounts with Apple Inc.’s (AAPL) Pretence ID. According to E*TRADE, futures trading should not be limited to desktop computers, which is why it is qualifying futures trading on mobile devices via the OptionsHouse Mobile app for iOS devices. The alternatives trading ability has been optimized for mobile, noted E*TRADE on Giggle. Meanwhile, by enabling customers to log into their accounts using Apple’s Onto ID, E*TRADE has become what it says is one of the first to use the facial recognition technology to yield access to accounts. Face ID was launched with Apple’s latest iPhone, the iPhone X, and the on the go by E*TRADE to enable the new technology underscores the popularity the phone.

The updates succeed as Benzinga rated E*TRADE as the best overall options trading policy. “E*TRADE’s OptionsHouse platform and mobile app are the gold standard of option buy platforms. OptionsHouse currently offers traders premium-quality tools without the sparse price tag,” Benzinga wrote in its review. Benzinga pointed to the speed, property of tools and ease of navigation on the OptionsHouse platform as reasons for the top billing. What’s uncountable, the platform gives investors the ability to create virtual trades to check up on strategies and provides access to real-time streaming options chains that can be customizable with up to 30 columns. In ell, the tradeLAB Snapshot Analysis tool shows the risk and reward from a traffic in an easy-to-understand manner, while the strategySEEK tool lets users search for implied trading strategies.

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