
We would point out that a press release sent to us signals that the tool is for small traders. The product link at Modulus Financial Engineering is not as “small investor” oriented and the pricing and availability is shown to be available for white label licensing by brokerages, financial institutions and professional traders.
Today’s press release also signals that this search engine is an improvement over the company’s previous version released six years ago. The new version is said to be more powerful and capable of analyzing over a half-million stock, options, futures or forex securities to return accurate investment advice with a high probability of significant return in less than a few milliseconds.
Modulus represents on its website that its top clients include TD AmeriTrade, ETrade, eSignal, Bank of America, Barclays, Chase and others as well as professional traders from around the world. The press release indicates that the firm plans to license the technology to brokerage firms and other technology firms on a white label basis.
Will this really offer retail investors, day traders, and professional traders a legitimate tool against the high frequency trading shops that literally take out millions and billions of dollars from the stock market? Maybe.
Be advised that we have not seen a demo of this product and we are certainly not endorsing it. What we are interested in for the sake of the public is any tool that can take back some of the advantages in the financial markets that the little guy has lost to sophisticated Wall Street trading firms over the decades.