Founded in 1979 by Louis B. Mendelsohn, the prominent technical analyst and trading software pioneer, Market Technologies Corporation was the first trading software developer in the financial industry to provide strategy back testing capabilities in trading software for personal computers with its introduction of ProfitTaker Futures Trading software in 1983. The result was the emergence of a multi-million dollar trading software industry based upon Mr. Mendelsohn's trading software and technical analysis concepts.
Building upon his achievements as a pioneer in technical analysis, Louis Mendelsohn recognized early-on that the emerging globalization of the world's financial markets would permanently alter the scope of technical analysis and its application to the financial markets. As a result of that, in the mid-1980s he focused Market Technologies Corporation's research efforts on the development of intermarket analysis software, rather than continuing to minimize its usefulness due to a single-market analysis approach. By doing this, the linkages between related global financial markets could be quantified and their influences on one another determined. This breakthrough in technical analysis thereby allowed traders for the very first time to have access to highly accurate market forecasts based upon these intermarket linkages.

Louis B. Mendelsohn,
Founder of Market Technologies
|
|
By applying artificial intelligence technologies to intermarket analysis, which utilizes a mathematical tool known as neural networks, Market Technologies Corporation, after many years of extensive research, succeeded in developing an extremely powerful, yet easy-to-use software tool that captured the intricacies that underlie today's global markets. This tool, VantagePoint Intermarket Analysis software, first introduced by Market Technologies Corporation in 1991 and improved since then through enhancements to its capabilities, provides today's traders with remarkably accurate forecasts of market trend direction that anticipate changes in direction rather than merely identifying trends after the fact.
Due to the phenomenal increase in demand in recent years by individual traders throughout the world for its intermarket analysis software and to assure its worldwide leadership position in the trading software industry, Market Technologies Corporation's R&D responsibilities were separated from its sales and customer support functions beginning in January, 2004 through the creation of two distinct, yet related, successor limited liability companies.
The Predictive Technologies Group which has the exclusive license to Market Technologies Corporation's trading software technologies will focus solely on future research and development of powerful market forecasting trading tools including upcoming versions of VantagePoint Intermarket Analysis software. Market Technologies, which has the exclusive license to offer these tools to traders throughout the world, will continue to provide outstanding customer support to its software users to assure their trading success.
Market Technologies, LLC continues to make available powerful analytic software tools and other services to traders throughout the world just as its predecessor, Market Technologies Corporation, has since 1979. Mr. Mendelsohn, as Chief Executive Officer, is determined that it maintain its worldwide leadership position in the financial software industry by assuring its customers that they will have at their disposal the very best trading tools and services available.
This customer commitment to outstanding quality and excellence both in software and customer support, first made by Mr. Mendelsohn a quarter-century ago, remains at the very heart of what Market Technologies is all about. |
|