Early History
In 1982 Steve Achelis started a company named Computer Asset Management to develop financial and technical analysis software for personal computers. Computer Asset Management was renamed Equis International in 1989. Achelis’ first software application, written for the Apple IIa, was The Financial Package which was developed to calculate various financial and portfolio valuation metrics. The Market Mood Monitor was released in 1984 and was eventually renamed The Technician. The Technician, written for the IBM PC, helped investors analyze and chart broad market conditions using sentiment, momentum, and monetary indicators. MetaStock 1.0 was released in 1986. Both MetaStock and The Technician received PC Magazine’s Editor’s Choice award in April 1986.
While The Technician analyzed broad market conditions, MetaStock analyzed individual securities (stocks, futures, mutual funds, etc.). In response to the increasing demand for a real-time analysis of prices, MetaStock RT™ was released in July 1992. MetaStock RT received live, real-time quotes from Data Broadcasting’s Signal data feed. In 1995, MetaStock 5.0 was released for the Microsoft Windows 3.1 operating system. Later that year, MetaStock added support for the Reuters DataLink end-of-day data feed. This relationship with Reuters led to Reuters purchasing Equis International and its MetaStock software in 1996. In 1998, MetaStock was released for the Reuters Quotron data feed and in 2001 for the Reuters 3000 Xtra trading platform.
Read more about this topic: Meta Stock
Famous quotes containing the words early and/or history:
“[In early adolescence] she becomes acutely aware of herself as a being perceived by others, judged by others, though she herself is the harshest judge, quick to list her physical flaws, quick to undervalue and under-rate herself not only in terms of physical appearance but across a wide range of talents, capacities and even social status, whereas boys of the same age will cite their abilities, their talents and their social status pretty accurately.”
—Terri Apter (20th century)
“So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.”
—Ralph Waldo Emerson (1803–1882)