Home                           

 Try Investor/RT             

 Investor/RT Tour           

 Getting Started              

 What's New                  

 Testimonials                 

Search . . .

 Pricing Summary

 Place Your Order

 Product Description

 Sales Center           

 Contact Us            

 Referrals              

 Renewals            

 Customer Support     

 Download Center      

 Videos        

 Documentation        

 Q & A                      

 Tip Of The Day        

 Tutorials                  

 Advanced Profiling

 Trading Systems    

 Scans                  

 Voices                  

 Education & Training

 Upgrade Center      

 Discussion List         

 Investor/RT Chat       

 About Linn Software

 User Exchange        

 Search

Investor/RT
What's New in Version 3.6

The new features and miscellaneous enhancements outlined below were introduced in the 3.6 Version.

Product Enhancements for version 3.6:
Release Date: April 23, 1999


  1. NASDAQ Level II Screens (tour screenshot)
    To view NASD Level II for a particular NASD stock, right  click on the ticker symbol in any quote page, portfolio, or  instrument selector list and choose "NASDAQ Level II"  from the popup menu. On Macintosh, use command-click to access the menu.

    NASDAQ Level windows in Investor/RT show the current  bid/ask and bid/ask sizes for each market maker for a  particular NASD stock. The window updates tick by tick   as trades occur and as level II data arrives on the data feed.  Current market data including the bid tick indicator are  displayed at the top of the window. The market makers on  the bid side are listed on the left side of the window   ordered from best bid (highest bid) descending. The market  makers on the ask size are listed on the right side of the  window ordered from best ask (lowest ask) ascending. The  first five levels of bid/ask prices are color coded with all   market makers bidding or asking the same price have the  same color code.

    In addition, Investor/RT shows a histogram that provides a  graphical perspective on the proportion of volume (bid/ask  sizes) at each of the top four prices levels. The bid sizes are  shown on the left and the ask sizes are shown on the right.  The bid/ask boundary point of the histogram shifts left and  right as trading occurs to provide an overall picture of the  ratio of bid size to ask size for the first four price levels as a  whole.

    NASDAQ Level II data is available with three data  services supported by Investor/RT: eSignal,  myTrack, and DTN. All three are supported on the  Windows platform. DTN and myTrack Level II data is  available for the Macintosh platform as well.
  2. New Chart Type:  Raw Tick (tour screenshot)
    Investor/RT has always  supported tick charts as one of the available periodicities  within an Investor/RT chart window. This kind of tick chart  uses a fixed time interval on the horizontal axis, just like  intra-day bar charts where the "distance" in time between  ticks can be perceived by the therelative distance between  the ticks in the chart. The "Raw Tick Chart" is a new kind  of Investor/RT chart window that takes a different  approach to the display of tick by tick data. The ticks are  equally spaced across the window as opposed to being  spaced in a time dependent manner. During trading hours  the raw tick charts update tick by tick. The user may adjust various parameters such as the size of the tick marker, the  spacing between ticks and whether or not to show a   volume histogram in the background of the chart window.  Default preferences are specified using Setup: Preferences:  Charting, Raw Tick. Preferences for an existing raw tick  chart window are adjusted using the keyboard or by right   clicking (or double clicking) in the chart window to view the  settings window. The up/down arrow keys adjust the  spacing between ticks and the left/right arrow keys adjust  the size of the tick marker. Another option of the raw tick   chart is to either show every tick or just those ticks that  differ in   price from the preceding tick. The user can toggle  between the two using the tab key to see the effect.

    Raw tick charts like all other chart window types can  participate in user defined layouts. They may be saved  under a user specified name, and recalled from the   Open:Chart menu.
  3. Improved Ticker Tape Object
    After market hours, the prices are shown in the up and down colors  based on the user color preferences in Setup: Preferences:  Quote Page Preferences. The color can be based on  whether is issue is up or down relative to either the open  price of the session or the closing price of the previous   session. During market hours the trades appearing in  the ticker tape are color coded according to the bid tick  indicator (the direction of the last trade up or down). The  bid tick indicator (plus or minus sign) is also shown after the   tick volume for equities. The ticker tape has been improved  to scroll more smoothly from right to left as trades occur.  The tape automatically adjusts its scrolling speed to the  pace of the trades that are occurring. For ticker tapes   monitoring a list of very actively traded equities, it is  recommended that the tick volume limit be used. Otherwise  the tape may scroll too quickly to be useful. See below for  instructions on setting the tick volume level.
  4. Improved Instrument Selection
    Improved instrument selection object. The instrument  selector used throughout Investor/RT has been improved to  enable the user to select subsets of the universe of tracked  instruments. The instrument selector appears in quick quote   windows, order desk windows, export and view/edit  dialogs, etc. Normally, the instrument selector lists all  tracked instruments. A popup menu has been added to the  instrument selection window. To access the menu, right  click on a column title (ticker or name). On Macintosh, use  command + click. There are menu choices for stocks,  futures, options, indexes, all instruments with alarms,  intraday instruments, etc.
  5. New "Multi Link" Feature
    The multilink feature enables you to quickly insert a particular instrument into all open chart windows, quick quotes, and NASD Level II  window. The multilink command is available in the popup  menu when you right click on a ticker symbol in a quote  page, portfolio, or any instrument selectioin list. Mac users  must command-click. The selected instrument is inserts into  all open chart windows. These include bar, line, candle, day  bar, point and figure, market profile, and volume profile  charts. In addition, the selected symbol is selected in any  open quick quote window and Level II window. This  feature is designed to enable you to have a variety of chart  types in view and quickly update all windows to study a   particular instrument.
  6. Custom Instrument Improvement
    When defining custom instruments, the user may now specify which price   component to use (last, bid, ask, high, low, etc.). This  enables the user to define custom instruments that track, for  example, the spread between the bid of one instrument and  the ask of another, a useful indicator in  ptions trading.   Price component may also include adv nces, declines,  unchanged. These are properties of sta istical instruments  sent by some data services, notably D N. Thus it is  possible to track the NYSE advance decline line in  real-time, even with data services that send the advances  and declines in a single ticker like DTN does.
  7. New Data Columns For Options Contracts
    Two new data columns have been added to Investor/RT for options  instruments (stock options, index options, and future  options). Underlying ticker is the ticker symbol of the stock,  index, or futures contract that underlies the option. Option   Type (put or call) shows, for option instrument whether the  option is a put or call. These two data columns must be  setup properly when defining new options contracts to  Investor/RT if you wish to have the software properly  calculate the various option analysis values (implied  volatility, theoretical value, beta, gamma, and other  "greeks"). The underlying ticker and option type columns   are setup for you automatically if you use the Setup menu to  define the options. If you define an options contract directly  by typing a new ticker into a quote page it will be necessary  for you to setup these values manually. This can be done  by adding the Option Type and Underlying Ticker data  columns to the ".Options" quote page and entering the  values directly into the quote page cells. When entering the  option type you may type just a p or c for put or call. If you  use the Setup: Instruments window to define a new option  contract you may begin the name of the option with the  ticker of the underlying and include the word "Put" or "Call"  elsewhere in the name and Investor/RT will setup the  underlying ticker and option type automatically by infering  these from the supplied name. User that wish to display or  scan using options analysis data values should add the  Underlying Ticker and Option Type data columns to the   ".Options" quote page and review the entire quote page to  assure that the correct values are set for each option. Prior  to version 3.6, Investor/RT relied on the security name field  of options contracts to supply the ticker symbol of the  underlying instrument and to specify whether an option was  a put or call. This improvement make option analysis  possible even when the name of an option is not in the  Investor/RT prescribed format such as is the case with  some data services that transmit security names for options  instruments
  8. Revised Control Menu
    The Investor/RT Control Menu has been revised and one new function has been   added. The "Run Scan" menu item has been moved to the  File Menu. It can still be accessed by the keyboard shortcut  Alt+R (or command+R on Macintosh). The Control Menu  now has two submenus, "Data Management" and   "Database Utilities". The Database Utilities menu was  formerly called "Database Functions" and contains the same  menu items. The Data Management menu contains the  following menu items:

    Verify This new function scans all the historical data on the  database for consistency and makes minor repairs if  necessary. Daily, weekly, monthly, tick data, and intra-day  bar data are verified.

        Delete.... Shows a sub-menu for deleting  information from the database, e.g. quote pages, scans,  historical data, etc.

        View/Edit.... Open the View/Edit Setup window

        Download... Opens the Download Data window

        Adjust for splits Opens the split adjustment  window.

        Save current prices Formerly named "Save  Quotes", this menu items causes all current market data to  be written to the database. This function is performed  automatically when Investor/RT quits or when historical   data is posted to the database at the session posting time.

        Record Closing Prices Formerly named "Post  History", this menu item causes the current market data to  be recorded in the daily, weekly, and monthly historical  record for each instrument. This function is performed   automatically at the user specified session "post time". If  closing prices are downloaded after the automatic posting  time, this command should be issued to update the historical  data for each instrument after downloading closing prices.
  9. New System Defined Quote Page
    New system defined quote page A new system  defined quote page, ".Custom Instruments" has been  added. This quote page lists all of the user-defined custom  instruments for quick references. When you right click on a  custom instrument in this or any other quote page and  choose Setup, Investor/RT will now take you to the Setup:  Custom Instruments window and show you the definition of   that custom instrument.
  10. DBC Data Manager Improvements
    Investor/RT now supports the very latest DBC supplied access software  for connecting to the DBC Data Manager. For eSignal users, this new access software enables Investor/RT  to also connect to the DBC historical server, tick data   server, NASD Level Ii server and historical news server.  For example, to request historical news for a particular  instrument simply right click on the ticker in a quote page or  portfolio and choose "Download News" from the menu that   appears. Similarly to access Level II information for a  NASD stock, right click on it and choose "Level II" from  the menu.

    The DBC Data Manager setup window (under Setup:  Preferences) has been improved. There are now options for  connecting to eSignal through a proxy server and for   starting the Data Manager automatically when Investor/RT  Starts up.
  11. Object Menu Renamed "Open"
    Object menu renamed "Open" The "Object" menu  has been renamed "Open" to better reflect its purpose, i.e.  to Open windows of a certain type that have been  previously saved in the database. The "Delete" command,  formerly in the Objects menu, has been moved to the  Control Menu under "Data Manager". All data management  functions are now listed together in one menu (the Data  Management menu) and all access to saved definitions in  the database is handled via the Open menu.