IRVINE, Calif., July 13 /PRNewswire/ -- Online Trading Academy(TM) (OTA) today announced a strategic initiative to develop and deliver financial educational web content for TotalView(R), NASDAQ's premier market data product. Beginning next week, NASDAQ's TotalView(R) content will be delivered through OTA's live trading center curriculum and the NasdaqTrader.com web site. NASDAQ TotalView is the best source of NASDAQ order information available, showing every quote and order in the NASDAQ Market Center at every price level. TotalView offers greater overall market transparency and 85 percent more liquidity than NASDAQ's legacy Level II within five cents of the inside market. TotalView provides the best information available to discover more trading opportunities. TotalView also supplies enhanced content regarding NASDAQ's Opening and Closing Crosses. This helps traders maintain their positions by more accurately gauging true buy and sell interest. TotalView content will include a Flash Media presentation of TotalView and tactics for its use. "The information you use to trade is as important as how you trade. In today's marketplace, traders need to understand the market data products they need to trade successfully. Educating our customers about NASDAQ TotalView compliments our own commitment to ensure our clients are truly educated and capable of handling their money and controlling the risk in a sophisticated marketplace," said OTA president and founder Eyal Shahar. "OTA is the premier independent educational resource for the active trading community," said Bill O'Brien, Senior Vice President of Market Data Distribution, NASDAQ. "Their decision to create TotalView educational materials signifies their commitment to providing traders with the information they need to succeed, and their proven excellence in developing educational content makes them an ideal partner to provide information about TotalView on NasdaqTrader.com." Spurred by the burgeoning growth of active investors and traders desiring to take control of their assets by learning the skills of direct access trading, OTA has also enabled its recent franchisees in Dallas, TX and Dubai, UAE, to provide the global financial community with OTA's unique "live trading" classroom approach that has become the company's signature. Locations worldwide now sponsor events such as free weekly "Power Trading Workshops" as well as monthly, daily and weekend classes in stock, currency, options index and futures trading. "Through its expanding global franchise model, OTA will take a leading role in the proper education of traders about NASDAQ and TotalView. In this way OTA is really more than just an online content provider, they are a strategic ally," said O'Brien, NASDAQ. About Online Trading Academy Online Trading Academy has conducted financial and active trading training since 1997. From its headquarters in Irvine, California, the company has established and progressively developed live classes and online mentoring as its core curriculum in teaching its courses to active self-directed investors and traders. Its teaching methods evolved from the company's roots as one of the largest trading floors in the world with 180 traders who were trading over half a billion dollars of securities daily. The company sold the trading operation in 2001 and became the largest independent financial education academy in the U.S. OTA is not a broker-dealer or a software vendor and is a completely independent training academy, committed solely to customer education. OTA provides course content, training CDs, and webinars to over 200 financial web sites and produces customized education for numerous broker-dealers and financial companies. For more information visit www.tradingacademy.com.
SOURCE Online Trading Academy