Spooz (PK) (USOTC:SPZI)
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From Feb 2020 to Feb 2025
Spooz, Inc. (OTC: SPZI) announces the release of powerful new strategy
control features for SpoozToolz that empower brokers and traders to run,
monitor and manage multiple automated trading strategies simultaneously:
Rapid development, deployment and production of algorithmic trading
strategies;
Connectivity to exchanges, brokers, data, and third party
applications; and,
Control of multiple strategies and their associated risk and profit
targets.
SpoozToolz utilizes Microsoft® Excel®
as the Graphical User Interface (GUI) because it is the global standard
for financial analysis and trading decision support. There are 440
million installations of Excel globally and it is supported in more than
50 languages. SpoozToolz adds toolbar functions to Excel that enable the
trader to quickly and easily create quote and click oriented trading
screens, algorithmic and “black-box”
systems. SpoozToolz enables the trader to bring concept to production in
hours instead of weeks or months. Add-on modules provide specialized
functionality in the form of SpoozChartz™,
Spooz AutoSpreader™, and Spooz CPM™
(Custom Pricing Module).
Connectivity to market data and execution through broker are
accomplished via the ToolzKit™. The ToolzKit
renders the SpoozToolz middleware highly extensible by enabling the
trader with the ability to create adapters to connect to an Excel
enabled execution, order and position management. A test application GUI
is included to aid the trader in connecting applications to SpoozToolz
or connecting SpoozToolz to a wide selection of vendor price feeds,
broker feeds or execution gateways. C# scripting capability is available
in the ToolzKit for low latency strategies and systems. AlgoServer™
will eventually provide the trader with the ability to co-locate low
latency solutions closer to exchanges for low- latency execution.
The Control Dashboard addition rounds out the platform’s
robust functionality by giving the trader the ability to rapidly deploy
strategies and manage multiple automated trading strategies
simultaneously. Although Strategies may be developed in Excel, the low
latency execution of orders is performed in the SpoozToolz C#
middleware. The Control Dashboard displays activity, position, fills,
and status of each running strategy as well as customizable risk and
profit algorithms.
Due to the virtually unlimited flexibility of SpoozToolz the market
scope is tremendous. Any exchange listed financial instrument can be
traded; including stocks, futures, options, ETFs, Forex, cross asset
class spreads, and uniquely customizable, and tradable synthetic
instruments.
With the addition of the Control Dashboard, SpoozToolz befits hedge
funds, brokerages, proprietary trading firms, as well as the independent
trader because it empowers buy and sell side market participants to
create and trade custom synthetic instruments. SpoozToolz is currently
being deployed to brokers and proprietary trading firms in the Chicago
area. Distribution to independent traders will begin later this year.
About Spooz, Inc.
Spooz, Inc. is an independent software vendor developing revolutionary
trading solutions for active and professional electronic traders.
Spooz's suite of technology products provide the most versatile
configuration of trading screens, analysis screens and automated trading
systems in a fast growth financial marketplace.
Spooz is a trading solutions company focused on next generation traders.
SpoozToolz™, AlgoServer™,
SpoozChartz™ Spooz AutoSpreader™,
ToolzKit™ and Spooz CPM™,
the Company's flagship products, enable any trader to quickly and
efficiently bridge the gap between concept and execution. The value of
the SpoozToolz platform it that it allows any trader to create trading
applications that retain flexibility and customizability, are simple to
use, and that facilitate bringing the traders ideas to production before
opportunity for profit is lost.
Forward Looking Statements
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of Forward-Looking Statements: This
news release may contain forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. These statements
present management's expectations, beliefs, plans and objectives
regarding future financial performance, and assumptions or judgments
concerning such performance. Any discussions contained in this release,
except to the extent that they contain historical facts, are
forward-looking and accordingly involve estimates, assumptions,
judgments and uncertainties. There are a number of factors that could
cause actual results or outcomes to differ materially from those
addressed in the forward-looking statements.