SPOOZ Inc (SPZI)

[phillymike]

From the 9/23 Spooz website posting:

"The agreement between the two companies calls for delivery of the SpoozToolz core product as well as its Custom Pricing and Auto Spreader modules."

Definitions and "possible" relation to today's PR:

1) The Spooz Auto Spreader is an order–entry module created to help reduce execution risk of multiple leg transactions. (Today's Bloomberg PR: "By integrating with third-party execution management and order management systems, we accommodate the risk and workflow needs of our users.") Once the trader identified each leg of the spread to the module it will reflect the market’s “implied” price of the spread. The module can then be instructed to automatically place orders in a dynamic fashion to achieve the trader’s desired price. The Custom Pricing Module is also compatible within the Custom Spreader

2) The optional Custom Pricing Module offers a complete paradigm shift in dynamic order execution by allowing the end user the ability transform exchange traded prices into custom synthetic symbols based on any indicator or custom algorithm. (Today's Bloomberg PR: "This platform aggregates all partial executions within an order into one single trade ticket with one average price for settlement, with the client's choice of credit counterparty.") The new contract will appear in a price ladder type display that enables you to physically trade your algorithm as a real-time tradable instrument. Symbols, synthetics, and custom indicators of diverse values can be normalized into a comparable display of tradable values. This provides the trader the ability to dynamically make markets on-the-fly.