New Pricing Tier Expands Addressable Market to Large Professional Market Segment
Blackboxstocks, a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced the launch of its Pro Tier Trading Package that will allow professional traders, financial institutions, and RIA’s to subscribe to the Blackbox analytics platform.
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“After years of having to turn away professional traders, we are very excited to finally have a pricing plan for financial industry professionals. We believe this will open a large new market segment for our products that will attract a new and sticky contingent of members to our platform”
Since going live in 2016 the Blackbox platform has served a broad demographic of non-professional traders spanning 55 countries. Blackbox has now created a new pricing tier for the premium Market data fees the national exchanges, such as the NYSE and NASDAQ, charge professional traders. Blackbox plans to charge professional traders the same price for monthly and annual subscriptions as it does its traditional users, plus the upcharge to solely cover the higher premium market data fees the exchanges charge professional traders.
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“After years of having to turn away professional traders, we are very excited to finally have a pricing plan for financial industry professionals. We believe this will open a large new market segment for our products that will attract a new and sticky contingent of members to our platform,” remarked Gust Kepler, Chief Executive Officer.
Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/video feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 55 countries; current subscription fees are $99.97 per month or $959.00 annually
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