posted
do not like the way it closed but it is friday so im sure some sold off for the weekend. We will see what happens monday should be good
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Financial and business information for professionals and active individual investors via the Phoenix Pro, which includes
integrated real time streaming data
intelligent executions across multiple avenues of execution
comprehensive analytics and real time decision support tools
web access makes product available worldwide
Transaction costs, system pricing, and throughput speed makes the trading platform cost competitive and highly desirable
HIGHLIGHTS
An updated e-Phoenix product is scheduled to be released in 180 days:(this DD page was as of May 06 so Sept?Oct?) e-Phoenix is a personal trading suite tailored for complete portfolio management as well as day trading from multiple locations and while traveling. It can also be used as a resource for broker/dealers, on the go, to deposit and trade junior stocks, including microcap and small cap traders
The latest version of Phoenix Pro has been run through an initial beta test in a functioning brokerage firm and is being revamped for final release. The beta test resulted in a successful trial that yielded $2 Million in profit for the test firm.
Institutions, Market Makers, Hedge funds, Broker-Dealers and professional traders.
Non-professional
FAVORABLE MARKET TRENDS
Internet access is ubiquitous, more people are doing their own research for potential investments, people are more adept at using online internet tools, and more people are preferring to have their own personalized stock quote service so they have total control over accessibility, format and content. For example
Financial Internet interfaces are growing: an increasing number of consumers are using Internet interfaces to manage their money for other types of financial activities including retirement funds, insurance information and bank accounts. Some of the benefits characteristic of online financial accounts in general include convenience, transparency of information and money management options, wide availability of resources and flexibility.
Online trading gains consumer adoption: alongside a significant increase in the penetration of high-speed Internet connections in U.S. households. Opening and managing an online trading account is a trusted means to participate in the market for approximately $3.6 trillion in consumer assets. Many online trading firms also offer lower minimum account balances and easy-to-understand account management programs. As a vehicle for managing assets, online trading is clearly a mainstream-trading vehicle that is quickly becoming prevalent in the U.S.
History: in the US consumer trading of securities has changed dramatically over the last decade. Online trading through the Internet began as a niche retail market in the second half of the 1990s. Eventually, the technology grew into a major medium through which securities are traded, expanding from 3.1 million retail accounts in 1997 to an estimated 37 million in 2004. It is expected that this market will continue to enjoy tremendous growth as the interest in the stock market is fueled by outside stimulus.
GROWING TARGET MARKETS The Internet is growing worldwide, click for statistics
Retail investors, day traders, high volume traders on a worldwide basis
Institutional -- brokerage firms, hedge funds, professional traders
Financial web sites, public company web sites, personal web sites
GROWTH DRIVERS
Retail investor markets are rapidly expanding, on a worldwide basis
Internet-based business model has high gross margin for new products
Multi-lingual products are easily accepted internationally
Modular format allows for enhancements & customization – ensuring the products are always at the forefront of the industry
PRODUCTS & SERVICES
e-Phoenix: a personal trading suite tailored for complete portfolio management as well as day trading from multiple locations and while traveling. It can also be used as a resource for broker/dealers, on the go
Phoenix Pro: a comprehensive trading platform for the broker/dealer professional. Includes
. The user configurable Phoenix Market Scanner designed to hunt down securities specific to the user’s requirements by utilizing sets of proprietary mathematical algorithms.
. The Phoenix Analyst compliments the other suites with up to date market and corporate background for information and analysis purposes.
CUSTOMERS
Currently beta test assessments are being applied to the first post beta version of Phoenix Pro as well as to the launch of e-Phoenix, for personal portfolio management.
DISTRIBUTION
A brokerage firm has been identified for the post beta launch of Phoenix pro
Negotiations are under way to launch e-Phoenix off an existing internet platform dealing with over 20 million hits per month.
COMPETITION
Professional: competition for the Phoenix Pro system includes NYFIX, E-Signal, Radical, Townsend Analytics, and Thomson Financial
Non-professional: includes Alphatrade and its peers.
COMPETITIVE ADVANTAGES
Highly scalable and cost effective technology
Platform that can be used with any brokerage or clearinghouse
Trading system along with comprehensive set of analytical tools and features enabling users to save expenses on other third party tools and software
Innovative and user friendly design and features
Cost competitive business model with offshore development and customer support centers
Knowledge of global financial markets and low cost base leveraged for providing direct access to more markets than any existing platform
Speed of response to the customer needs.
SUSTAINING COMPETITIVE ADVANTAGES
A premier competitive advantage of the iFinix product line resides in the integral Phoenix Market Scanner.
Currently this tool allows the user to pre-program 130 parameters that are key to their investment preferences.
This advanced stock screener currently filters investment opportunities using proprietary algorithms guided by the user parameters. The component is designed as an evolving tool.
Over time it will take on heuristic characteristics, identifying trends that compliment the brokers programmed selections.
It also has the capacity to meld with Mandelbrot set geometry allowing a comparison of dynamical systems such as the market and economic events that determine security values.
STRATEGIC ALLIANCES PARTNERSHIPS
Two strategic partnerships are currently undergoing INXR’s due diligence and negotiations.
One a potentially high revenue advertising concept
The other a co-location, bandwidth and databasing partner.
SUCCESS STORIES
The latest version of Phoenix Pro has been run through an initial beta test in a functioning brokerage firm resulting in a successful trial that yielded ~$2 Million in profit for the test firm.
INTELLECTUAL PROPERTY
The key proprietary asset is the software platform. The architecture is modular based, and with XML technology new products and features can be added "on the fly." There is no degradation of service as the number of users increases. Everything has been designed to be user-friendly and dependable.
GROWTH PLAN
Internal growth
Acquisition of complimentary and market stabilizing businesses
MANAGEMENT
Dhruvanad Budhu, Chairman of the Board of Directors Mr. Budhu is responsible for the strategic and future growth of Ifinix. He works closely with the C.E.O and C.O.O. in achieving these goals. Mr. Budhu founded R&B Computer Systems Inc., to focus on helping companies manage their distributed computing environment. Mr. Budhu worked for 10 years in the computer systems environment as a Systems/Design Engineer. He brings an extensive Project Management experience as well as the flexibility to adapt to changing situations and requirements. He has worked for various companies such as Liberty Brokerage, American Express and On-Site trading.
Douglas Hugh Spadaro, Chief Executive and Chief Operating Officer
Mr. Spadaro is responsible for the daily activates of Ifinix and works closely with Mr. Budhu. Mr. Spadaro brings close to thirty years experience in both management and financial services. Mr. Spadaro has held management position in such companies as Citicorp, ABN/AMRO, NatWest, and Paget Group. Mr. Spadaro has a B.S. in Finance and Micro Economics.
Robert Budhu, acts as V.P- Finance. Mr. Budhu served as a General Sales Manager for Continental Group of Companies, a Fortune 10 Company of Guyana. In addition, he was an Area Manager for Photo Circuits Corporation in New York. Mr. Budhu is an M.B.A. graduate from the University of Guyana.
Tiiu Lochansingh, Secretary and Treasure. Ms. Lochansingh came to Ifinix from the legal industry and brings to the company a fine set of organizational and interpersonal skills.
-------------------- The difference between genius and stupidity is that genius has its limits
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-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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