Replies to post #60203 on SPOOZ Inc (SPZI)

[nukuhiva]

MC I think here we have a GO :

"Our new post-trade allocation application enables clients to allocate trades on either percentage or notional breakdown based on a net average price, which is then seamlessly communicated across multiple accounts or Prime Brokers"

isn't the essence of Spooz ?

Spooz, Inc., a publicly traded company based in Chicago, provides a suite of solutions designed to streamline electronic trading across multiple asset classes.

[phillymike]

I'll give it a shot MC. First, I need to watch the Spooztools demo again, because as I was reading today's PR from Bloomberg for some reason the demo, although outdated, was one of many things that came to mind. For me, there appears to be a strong correlation between what Bloomberg PR'd and the functionality Spooz states is inherit within its' core product; like being highly scalable/adaptable to a client's particular needs.

Spooz also stated that the product would be available to Bloomberg Professional service subscribers, and Bloomberg just released the company's new platform through Bloomberg's Professional service...coincidence probably...but I'm hoping not (LOL).

I'm still digging, however.

[mtncabin]

I spent some time today reviewing some of the Bloomberg web sites. The result is that I don't have an answer to our question relative to Spooz's involvement in today's Bloomberg announcement. However, I do have a couple of things to offer.

1. Bloomberg was using AIG for their liquidity partner. Given AIG'S recent problems they probably had to change and chose Bank of America which may have been the primary purpose of today's announcement.

2. As I looked at prior offerings for Bloomberg Tradebook, I didn't see the functionality that I see in today's announcement. The increased functionality could mean that Spooz is involved. IMO, it is still only a possibility.

FWIW, these are only opinions. Good luck to all and I hope that we get clarification soon.

[shinebox]

Well this piece got my interest as well...

"Our new post-trade allocation application enables clients to allocate trades on either percentage or notional breakdown based on a net average price, which is then seamlessly communicated across multiple accounts or Prime Brokers."

I'm fairly certain from a discussion on platform capability at the shareholders meeting, and through various readings, where I thought I understood that STv2 allows the capability to consolidate your trading action from multiple accounts. Isn't this one of many cornerstone capabilities that makes STv2 a more capable trading tool?