QuoteMedia, Ltd. (QMCI) and TMX Datalinx to jointly open trading on Toronto Stock Exchange tomorrow

Posted on: Tuesday, August 10th, 2010
Written by:

To celebrate the recent appointment of QuoteMedia, Ltd. (OTCBB: QMCI) as the web solution provider for TMXMoney.com, Dave Shworan, CEO, QuoteMedia Ltd., and Eric Sinclair, President, TMX Datalinx and Group Head of Data Services, will jointly open trading on Toronto Stock Exchange tomorrow, Wednesday, August 11, 2010.

A leading provider of North American financial content, TMXMoney.com (TSX: X) provides desktop and mobile access to real-time stock market quotes, charts, news and research, a website that boasts 1.2 million unique visitors, and approximately 40 million page views per month. The addition of QuoteMedia as web solution provider means that QuoteMedia will be responsible for delivering, hosting and managing an array of custom solutions for the display of market data and research information including: detailed stock and mutual fund quotes, comprehensive news and company information, as well as interactive charting , commodities and futures, and other extensive financial and market information.

TMX Datalinx President Mr. Sinclair, commented, “Our decision to select QuoteMedia was based on their ability to provide a broad range and depth of information in a fully hosted managed solution. QuoteMedia worked hard alongside our web and data quality experts to meet our objectives and the exchange-level standards we set for this project, which involved a high degree of custom development work.”

Added QuoteMedia CEO Mr. Shworan, “TMX Group is an important and high profile institution in the global marketplace, and to be asked to develop, host and manage a custom solution for TMXmoney.com is very gratifying for us,” said Mr. Shworan. “The selection of QuoteMedia to be a service provider to TMX Group marks a milestone in our continuing evolution.”

Tags: , , ,
Category: OTCBB, Technology Stocks
no comments
You can leave a response, or trackback from your own site.

Leave a Reply

Your email address will not be published. Required fields are marked *

About Penny Stocks

The term "penny stocks," also known as micro-cap equities, micro caps, small caps, pink sheets, refers to shares in a company that trades for less than $5.00. Most penny stocks trade on the OTCBB market and the pink sheet electronic quotation service. Penny Stocks can be very volatile and can see gains as much as 500% in a day. Volatility in penny stocks is also dangerous because penny stocks can come down as quickly as they go up. If you trade penny stocks based on stock picks, make sure to always do your due diligence on the companies you're considering, use stop loss orders, and book your profits when you are in a position to do so.