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FOR IMMEDIATE RELEASE
XPRESSTRADE, LLC ANNOUNCES LAUNCH OF INTERNET-BASED
FUTURES AND OPTIONS BROKERAGE SYSTEM
Chicago, IL (May 15, 1997) -- XPRESSTRADE, LLC, a technologically-advanced futures brokerage firm based in Chicago, announced this morning the launch of its Internet-based brokerage system for futures and options traders and hedgers. While a number of securities firms have aggressively exploited new technologies to facilitate electronic transactions involving stocks, bonds, and mutual funds, futures traders and hedgers have not enjoyed a similarly exciting, futuristic opportunityuntil now. XPRESSTRADE will provide traders and hedgers with the speed, up-to-the-minute information, and convenience of trading on-lineat reasonable commission rates.
The XPRESSTRADE system bundles a number of important service featuresincluding Internet-based order entry and fill reporting, real-time account information, price quotes and charts, comprehensive market research, exchange information and contract specifications, and a unique margin calculator for "what if" positionsthat together provide sophisticated, self-directed traders and hedgers with one-click access to the tools they need to succeed in the futures market. In addition, customers who use the Company's Internet-based system will pay no user, subscriber, access, or connect-time charges to XPRESSTRADE. Best of all, the XPRESSTRADE system is operational 24 hours a day, 7 days a week.
XPRESSTRADE is registered with the National Futures Association as an Introducing Broker and is guaranteed by ADM Investor Services, a wholly-owned subsidiary of the Archer Daniels Midland Company, one of the world's largest processors and marketers of agricultural commodities. ADM has been a Chicago Board of Trade member firm since 1927 and is a Fortune 100 Company, with 1996 sales of $13.3 billion and shareholders' equity of $6.1 billion.
Contacts: Marcia E. Cremin, Philip D. Kepler, or Daniel E. O'Neil
(800) 947-6228 or info@xpresstrade.com
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