Monday September 27, 8:33 am Eastern Time
Company Press Release
Fidelity Investments and CBS MarketWatch.com Website Continue Alliance With New Brokerage Service for Active Traders
Powerstreet Pro(SM) Online Trading Customers To Get Exclusive Access To MarketPulse Analytic Tool From MarketWatch.com
BOSTON--(BUSINESS WIRE)--Sept. 27, 1999--
Extending its alliance with MarketWatch.com, a leading web-based
provider of financial news, programming and analytic tools, Fidelity
Brokerage Services, Inc. will offer its active trader customers(1)
exclusive access to the company's MarketPulse product for four months
beginning this fall.
Powerstreet Pro(SM) Active Trader WebStation (located at
fidelity.com) customers will have online access to MarketPulse, the
Internet's first minute-by-minute, interactive tool that provides
investors with a comprehensive, real-time view of U.S. securities
market activity. The product features exclusive, real-time headlines
and briefs on companies, markets and economies from CBS MarketWatch's
reporting team in New York, San Francisco and international locations.
Also included are quotes, interactive charting and an intra-day stock
screener that screens stocks based on a series of key trading
parameters - all designed to help active traders monitor the market
and manage their investments more aggressively.
``Fidelity has always been about involved investing and providing
our customers with the most comprehensive tools and information
available to help them manage their personal investments,'' said Tracey
Curvey, executive vice president, Fidelity Online Brokerage. ``Through
our continuing alliance with MarketWatch.com, we're providing active
traders with another new and powerful, web-based service to help them
stay informed and in control of their finances.''
``We designed MarketPulse to go beyond traditional tools,
providing timely news and commentary from our global teams of
reporters and columnists,'' said MarketWatch.com President and CEO,
Larry Kramer. ``That enhancement, available nowhere else, enables
individuals to affordably track markets much like the professionals
Fidelity Brokerage Services, Inc. offers its customers access to
a full range of securities, IPOs and other public offerings for
eligible brokerage customers; FundsNetwork® with more than 3,400
mutual funds; substantial commission savings; low margin rates; access
to extensive independent research; a variety of cash management
services for qualifying accounts and consolidated statement reporting.
Fidelity Investments is the nation's largest mutual fund company
and a leading provider of financial services. Fidelity offers
investment management, retirement, brokerage and shareholder services
directly to individuals and institutions, and through financial
intermediaries. The firm also is the No. 1 provider of 401(k)
retirement savings plans, the second largest discount brokerage firm
and the third largest provider of 403(b) retirement plans for
not-for-profit institutions in the United States. At August 31, 1999,
Fidelity had total managed assets of $846.0 billion.
For more complete information, including charges and expenses on
any fund available through Fidelity, call or write for a free
prospectus. Read it carefully before you invest or send money.
Fidelity Brokerage Services, Inc. Member NYSE, SIPC.(1) Eligible customers are those who place at least 36 stock,
bond or option trades per year.