Salt
Lake City, UT. – June 17, 2013 — Utah-based Innovative Market Analysis acquired
the award-winning MetaStock technical analysis software line from Thomson
Reuters effective June 17, 2013.
Innovative
Market Analysis was created by current MetaStock President Scott Brown.
“We
are very excited Thomson Reuters allowed us the opportunity to purchase
MetaStock,” said Mr. Brown, owner and CEO of Innovative Market Analysis. “MetaStock
has been helping traders incorporate technical analysis into their trading
decisions, allowing them to make logical, well thought out trading decisions
for over 30 years. This combined with the fact that MetaStock has won numerous
awards over the past three decades within the technical analysis software
industry has made this acquisition an easy decision.”
Innovative
Market Analysis will continue selling the award-winning MetaStock and MetaStock
Pro charting software packages to self-directed traders worldwide. Day-to-day
business and services Innovative Marketing Analysis offers its clients will
remain the same including support, programming, and developing the software as
well as management of customer accounts.
“The
biggest winners in Innovative Market Analysis’ acquisition of MetaStock are our
customers,” said Scott Brown. “We have more programmers focused on improving
the MetaStock product and capabilities of MetaStock now, than ever before. In
addition, our staff remains very much the same. The average employee has been
with the company for at least ten years. We are very excited to capitalize on
the opportunities available to us.”
Innovative
Market Analysis and Thomson Reuters will continue to work together and the
DataLink and XENITH data feeds will continue to power MetaStock and MetaStock
Pro. On the institutional side, Thomson Reuters clients will still use
MetaStock Pro functionality in its flagship desktop Thomson Reuters Eikon.
Innovative
Market Analysis is based in Salt Lake City, Utah. For more
information on Innovative Market Analysis, please contact Alex Henricks at
801.883.8500 ext. 3161 or via email: alex.henricks@metastock.com.
About Innovative Market Analysis
Innovative Market Analysis develops, markets, and supports the
award-winning MetaStock software line. Created by Steve Achelis in 1982,
MetaStock is the premier charting and technical analysis software solution for
the self-directed trader. MetaStock provides both end-of-day and real-time data
for most markets throughout the world. MetaStock also has an institutional
version, used by professional traders in some of the world’s largest financial
institutions.
Contacts
Alex Henricks – Marketing Coordinator – 801.883.8500 ext. 3161
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