NYSE member brokerage firm Wall Street Access has launched AccessPoint, a new online trading platform for sophisticated private investors and professional money managers.
The platform allows options traders to enter spreads, buy-writes, married puts, straddles, butterfly spreads, box spreads and ratio spreads online, as well as single puts and calls.
AccessPoint calculates the market value of the customer's total account and individual holdings using real time prices and asset factors for equity and option positions. Customers can get intraday cash balances including intraday buying power on margin.
Using the AccessPoint site, Wall Street Access customers are also given the same institutional quality market information as used by the firm's trading desk and supplied by Deutsche Banc Alex. Brown. Customers can read the latest reports, or search by industry group, subject or security symbol.