Questrade enhances equities trading platforms

Maria Nikolova

In the first upgrade to its equities trading platforms in 2017, the Canadian company focuses on improved research tools, alerts and better margin information.

Canadian financial services provider Questrade has just announced the latest set of upgrades to its equities trading platforms – IQ Edge and Questrade Trading, the first raft of improvements the solutions undergo in 2017.

IQ Edge

The focus of the latest IQ Edge update, the company explains, was to improve margin visibility and to provide more in-depth research tools to assist traders in making informed trading decisions.

Now, users of the platform can see the maximum amount they can borrow on margin for each individual security as well as long and short margin rates. A strategy grouping view has also been added to the platform, so that (as the name suggests) traders can observe open derivatives and equities positions by strategy. This, in turn, enables traders to better understand their collateral and margin allocations.

To get improved charting and research, IQ Edge traders can add corporate actions and fundamental data to their charts. On top of that, users of the platform can also make use of a new quantitative study, thanks to the addition of the William % R study. This is a momentum indicator that compares the close of a stock to the high-low range over a period of time, usually 14 days.

IQ Edge, a downloadable, desktop platform, targets active and pro traders. It provides custom trading environment, advanced trading orders, and the opportunity for an easy start thanks to pre-installed option trading layouts.

Questrade Trading

The focus of the latest Questrade Trading upgrade is securing timely access to high-quality information.

Traders can now create and manage custom alerts for investments they own and those on their watchlists so that they are automatically notified by email when significant events occur. Users of the platform can choose from pre-defined conditions such as price, 52-week high/low, and high volume changes.

The platform layout is improved as traders can obtain their balances information faster and more easily with the new balances tab. Moving away from the floating panel currently available will help them navigate on smaller screens and configure the trading platform in a way that suits them best.

The improved currency displays show balances simultaneously in both Canadian and US dollars.

Read this next

Retail FX

FX/CFD and Crypto broker Quantfury launches fractional trading of stocks, ETFs, commodities

“Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians.”

Industry News

SEC awards $20 million to whistleblower despite degree of culpability and reporting delay

The Securities and Exchange Commission has awarded a whistleblower with $20 million for providing new and critical information that led to the success of an enforcement action.

Institutional FX

Tradesmarter’s white label WOW TRADER integrates with TradingView

Tradesmarter’s white label trading platform solution WOW TRADER has integrated with TradingView, the high performance and mobile friendly charting tool.

Industry News

ASIC loses fee overcharging case against Commonwealth Bank of Australia

“ASIC pursued this case because we believed CBA did not have robust compliance systems to ensure customers were being correctly charged. ASIC will carefully consider the judgment and continue to work to ensure large financial institutions charge fees correctly and put their customers first.”

Digital Assets

Kraken pays $362K fine for onboarding Iranian users

Cryptocurrency exchange Kraken will pay $362,158 to settle its civil liability for apparent violations of US sanctions on countries like Iran, the Treasury Department’s Office of Foreign Assets Control said.

Digital Assets

Bankrupt lender BlockFi owes $275 million to FTX.US

Distressed crypto lender BlockFi has filed for Chapter 11 bankruptcy protection, nearly two weeks after halting withdrawals of customer deposits due to significant exposure to bankrupt exchange FTX.

Metaverse Gaming NFT

Astar Network powers WASM smart contract devs with Swanky toolkit

Blockchain innovation hub Astar Network is launching Swanky, an all-in-one tool for smart contract developers that bridges the elements of WebAssembly (WASM) ecosystem into a single interface.

Digital Assets

Crypto exchange AAX’s marketing exec leaves as withdrawal halt continues

Atom Asset Exchange (AAX) is losing Ben Caselin, its vice president for global marketing and communications, at a time when senior executives continue to leave the crypto exchange at a critical time.

Digital Assets

A Safe Platform To Trade Your Cryptocurrency

We’ve all probably wondered at one point in time if we should even bother with cryptocurrencies. Judging by the rapid demand for cryptos, it seems that it’s only just the beginning. Once we’ve established and decided that ‘of course’ cryptocurrencies are a market worth delving into, there comes the hardest question of them all: which crypto exchange should I go with?

<