VectorVest Teams Up with Questrade for Direct Trading from VectorVest’s Platform

  • Trading Systems
  • 30.08.2016 09:45 am

VectorVest, the highly regarded system providing daily market analysis for over 23,000 stocks worldwide, today announced a partnership that links VectorVest’s highly rated portfolio management software with a user’s Questrade brokerage account via its Trade Now button.

This latest development greatly streamlines the process for traders executing trades in Canadian or U.S. stocks through VectorVest, simplifying and enhancing the trading experience for Canadian VectorVest clients.

“Speed and quality of execution are tantamount to successful trading,” said Edward Kholodenko, President and CEO of Questrade. “Questrade clients that subscribe to VectorVest can now enjoy a seamless trading experience directly from VectorVest’s stock analysis platform. This is a superior added value to Questrade clients and further demonstrates our commitment to providing the best investing service for both active and mainstream Canadian investors.”

While analyzing stocks in VectorVest’s software, clients can create a pre-filled order ticket by simply right-clicking on stocks and choosing “Trade Now.” Behind a secure login, an order ticket awaits customization and confirmation by the user. The order screen conveniently pulls in the account balance and buying power from Questrade and defaults to a “buy” ticket based on user-defined preferences; ticker symbol, bid, ask, last price and limit are pre-filled. One user click enables Preview Orders, and a second click, Place Orders, securely transfers the order ticket to Questrade for execution.

In addition to the new Trade Now feature, VectorVest is releasing RoboTrader, a powerful trading tool that solves many traders’ biggest problem: executing a trading plan without letting emotions cloud judgment. RoboTrader implements a trading plan only requiring confirmation for fast, accurate execution, and monitors results in real time.

Traders can use any trading system in VectorVest, modify it, or build their own, and can even trade several plans at once. RoboTrader monitors the portfolio (and trading system) to identify new trades the moment they need to be made. Confirming trades only requires a few clicks, and the trades are sent directly to the broker.

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