Marketworks LLC Announces Free Real-time Stock Quotes for HowTheMarketWorks.com
Marketworks LLC announces free real-time stock quotes on
HowTheMarketWorks.com for their stock market game.
Edmond, OK (PRWEB) July 29, 2009 – Marketworks LLC today announced the release of
free real-time stock quotes
on their website, HowTheMarketWorks.com. The quotes are available to the public and
are also used by their free virtual
stock market game. This makes it one
of the few online stock market games with free real-time quotes.
Stock quotes shown on most websites are delayed by at least fifteen minutes. This is
a big disadvantage when investors are practicing trading with a stock market game.
HowTheMarketWorks.com now has a quote feed from BATS Exchange, which provides the site
with real-time quotes for over 2,000 of the most popular USA stocks. Traders no longer
have to worry about fifteen or twenty minute delays for their orders to execute for
these stocks, giving them a more realistic trading experience.
The stock market game allows people to buy and sell real stocks at real prices but
using virtual money. This allows practice of trading strategies without the risk of
losing real money. If all of the virtual money is lost in a portfolio it can simply
be reset to the original value.
Nicholas Swezey, owner of Marketworks LLC, said: "The addition of real-time quotes
has been one of the most anticipated features on our site. Now that it has been added,
our members are more excited about the virtual trading experience. These quotes also
set us apart from other online stock games, many of which do not offer real-time quotes,
or else they charge a monthly fee for them. This keeps us in line with our
philosophy of offering everything on our site for free."
Traders are allowed to join public stock trading contests or create customized private
contests for their friends or classrooms. Thousands of people compete in the contests
every day, trying to make their way to the top of the leaderboards. These contests
benefit from the new quotes as well. Previously, stock orders had to be delayed by
fifteen minutes before execution in order to prevent cheating by traders with access to
real-time quotes. Those traders could effectively predict the stock prices fifteen
minutes into the future because of the quote delays. Now that the quote delays have
been removed for many stocks, so have the order delays for them. This provides a much
more convenient and realistic trading experience for the traders.
About HowTheMarketWorks.com:
Since 2004, HowTheMarketWorks.com has helped nearly 200,000 people learn about the
stock market for free. Current offerings include simple answers to stock market questions,
the popular stock market game, message boards, stock quotes and charts, and much more.
For more information on how the stock market works please visit
http://www.HowTheMarketWorks.com/.
###
|
