TORONTO, July 4, 2012 /CNW/ - Following the launch of Questrade IQ, a suite of trading platforms, in June, Questrade today announced that it will deliver equity research data from Morningstar, Inc. directly into the platform's research centre, Market Intelligence.
Morningstar, a leading provider of independent investment research, will provide fundamental equity research including North American market news, equity analyst reports on 1800 companies, screeners and filters, calendars, gainers/losers, and alerts. Questrade clients can customize their research centre settings to enhance the experience offered in the IQ trading platforms, IQ Web and IQ Edge. The trading software is available free of charge to all Questrade clients, and includes free live streaming of U.S. market data from The NASDAQ Stock Market. The platforms also include free snap (real-time and on demand) quotes for real-time Canadian equities listed on the TSX and TSX-Venture.
Edward Kholodenko, president and CEO of Questrade, said, "For several years, we've turned to Morningstar to power our mutual fund research centre. The benefit to our clients is clear. Morningstar's fundamental equity research, now available in IQ, filters through the market noise to deliver extensive and credible data -- qualities that our clients demand and deserve."
Scott Mackenzie, president and CEO of Morningstar Canada, said, "Questrade's mission is to help Canadians achieve financial independence. This aligns with Morningstar's mission, which is to create great products that help investors. Questrade clients want market research that is of the highest quality and completely independent. We are proud to deliver as a key component of Questrade's Market Intelligence research centre in its trading platforms."
Questrade Inc. is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund.
Questrade Inc., headquartered in Toronto, provides Canadians with high-speed, direct access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms, as well as forex trading. Since 1999, the company has led the industry in delivering outstanding service, exclusive products and services, and competitive pricing. This commitment to innovation has appealed to independent investors, and for the past two years, the company has ranked as Canada's fastest growing online brokerage. In February, 2012, Questrade also earned the designation as one of Canada's 50 Best Managed Companies.
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