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February 12, 2007 - Top Ranked Online Brokerage Firms Use Recognia Software - Survey
A recent survey of 18 online discount brokerages found that the top five brokerages are all offering Recognia technical analysis research.
Surviscor, a firm that analyzes and ranks Canadian online services that are offered to either retail consumers or professional users, conducted the survey.
In this case, Surviscor ranked 18 online discount brokerages on commissions and service. The top brokerages in the survey were: Credential Direct, Qtrade, E*TRADE Canada, Scotia McLeod Direct Investing and TD Waterhouse. All offer Recognia technical analysis research to their account holders.
Recognia was also pleased to see that the top four brokerages in the trader category of the survey were also Recognia customers. These four professional trading organizations are: TD Waterhouse, E*TRADE Canada, Trade Freedom and Disnat.
Similarly, the top four companies in the investor category are all Recognia customers: Credential Direct held top spot, followed by Qtrade, ScotiaMcLeod Direct Investing and E*TRADE Canada.
Instead of price, customer service and product features and functions are becoming more important to consumers choosing a firm. This is where Recognia plays a key role, helping these companies deliver beneficial tools and education.
Rick Escher, President and CEO of Recognia, said he was pleased with the results of the survey. "Investors, be they professional traders, institutional or retail investors, want the best tools at their disposal to help them make informed decisions. Recognia's technical analysis tools give them that. And we are excited to see so many online brokerages embracing our research."
Click here for Surviscor's online discount brokerage review.
About Recognia Inc.
Recognia Inc., a privately held company, provides automated Technical Event® identification and chart pattern recognition to financial web sites, online brokerages and other trading institutions. Recognia has developed patented technology for chart pattern recognition, which is capable of recognizing patterns and other formations in the price charts of any publicly traded financial instrument including stocks, funds, commodities, currencies, and indices. Recognia also provides a range of delivery methods that allow brokers, and other organizations, to deliver this information to their clients and account holders.
Contacts:
Shaun Markey shaunmarkey@rogers.com 614-728-9951
Rick Escher President & Founder Recognia Inc. Ottawa, ON (613) 789-2267 ext 225 rescher@recognia.com
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