Replies to post #58207 on JP 3E Holdings Inc (JPTE)

[Traderfan]

Exactly Endub. You got it. We need to find out these things otherwise any celebration as it happened yesterday is way too early.

[peeved]

endub.

The way it is worded, may mean that similar to symbology DNA, there may be integration of the system into the trading software of bloomberg.

It is possible that there is a fixed or no revenue from this...I don't know...perhaps the professional service will have the option to get add ons to spooz.

devils in the details.

we shall see. did anyone call the company?

[CapnDon]

Now I think we're getting somewhere, endub. Allie, MC, IW, ItGuy, etc. jump in here and correct me if I’m wrong.

The way I understand it, Tradebook is Bloomberg’s Brokerage, which is available to their Bloomberg Professional subscribers who are traders.

Bloomberg isn’t just a trading system. It is an all-encompassing information system. I have worked in offices where people had “Bloombergs” on their desks and didn’t do any trading at all. That’s your customer base of 250,000+. Some percentage of those – the traders – also use Tradebook, which will now have the neat new tool called SpoozToolz Pro integrated into it.

Remember, Spooztoolz Pro needs a connection to a brokerage in order to execute trades. This requires that SpoozToolz be written to each and every brokerage’s API in order to work seamlessly. You can’t get SpoozToolz and have it work any other way. For instance, I can’t go out and order SpoozToolz without telling Spooz which brokerage on their list of “approved” (read integrated) ones I want to use. I can’t use it with Scottrade (not that I’d want to :-). I CAN use it with IB and soon, I’ll be able to use it with Bloomberg’s Tradebook.