I’m thinking of telling a story from TradeStation’s past.
Nice to meet you all.
1993I have been involved in financial market information, and related to the products I handled at the time1995year-end in JapanTradeStation became an authorized distributor, and I continued until2004year. In the first3years there were not many domestic distributors in Japan, but at one point it sold quite well, so I became well known by the publisherOMEGA Research, and I also conducted group activities to gather users in a moderately active way.
I had heard that a Japanese securities company had acquired it, and I wanted to tell memories of TradeStation that I had been involved with in the past, and various stories about sales and users. For now, I thought I would start with a tale from long ago that anyone might know but perhaps does not.
Around 1982, Microsoft was commissioned byIBM to create an operating system calledPC-DOSMS-DOS. The appearance of computers in the New York Stock Exchange and the Chicago futures market would come later, but already then research institutions across America were starting up and various “analysis tools” began to appear.
In 1982, Bill and Ralph Klots (the Klots brothers) and SamuelK, a programming expert, builtOMEGA Research. The product at that time was called System Writer. For about10 years, System Writer, System Writer Plus, and other programs for analyzing market data continued to be developed. Even at that time there were users in Japan, and it was used by quite notable people in the financial world.
1991, the upgrade was dramatic,MS-DOS gained aWindows OS, and the way applications were displayed changed. System Writer was released under the nameTradeStation3.0. In the data communications world, it used dedicated lines for packet transmission. Therefore data sources were stored in each system as text data or PC communications, and traders used their own sell/buy system programs.1994,OMEGA Research releasedTradeStation Version3.5, and the following yearFutureSource Information System(USA) andDBC Signal (UK) entered into partnerships to feed their data intoTradeStation’sGlobalServer database in real time, updatingQuote andChart screens automatically.
(Next time,Version4.0 completion and deployment)