JunoTrade Online Trading Firm Debuts with Flat Fee Pricing of $4.95 for Both Equity and Option Trades and 95 Cents Per Con

AUSTIN, Texas--(BUSINESS WIRE)-- JunoTrade Corporation (“JunoTrade”) recently launched their online trading site to offer investors the opportunity to buy stocks online for a low, flat per-trade fee. The same low, flat per-trade fee will be available to investors looking to buy stock options as well. JunoTrade offers investors a choice between JunoTrade Pro, a traditional software-based trading platform with a full suite of trader tools designed with active traders in mind and JWeb, which offers ease and functionality through a more readily accessible online platform that allows investors direct access to the stock market. In addition, JunoTrade offers JWebPro a full streaming web-based trading platform built on Microsoft’s Silverlight technology which allows JunoTrade “Pro” trading platform to run on Windows, Macintosh, and Linux.

Unique among online firms, JunoTrade allows extensive customization in how trades, open positions and market information is displayed, letting customers realize their own visions for the optimal brokerage experience in accessing the stock market.

“JunoTrade will look to lead the retail marketplace by introducing flat-fee pricing and user-friendly, customizable technology backed by the experience and expertise of industry veterans,” says JunoTrade CEO John McMorris, a securities industry veteran and former CTO and CIO of CyberTrader and ShareBuilder respectively. “Clients will be drawn to our technology because of its power, and the ease of use and flexibility it affords them. Retail investors will finally have the tools and speed that professionals enjoy and not have to pay outrageous fees for it. Our clients will have access to the stock market at their fingertips with the ability to buy stocks or to buy options online in their own individual style.”

Flat Fee Price Structure

JunoTrade provides a simple, transparent price structure: The commission on each stock trade will be $4.95 per trade, regardless of the size of the trade. Option trades will enjoy the same flat $4.95 rate with a $0.95 per contract fee. “During our research phase, we found that the average investor was very often confused and frustrated by complex price structures that rely on escalating per-contract rates or a variety of back-end fees,” McMorris says. “JunoTrade will eliminate these hidden and confusing trading costs, allowing clients to focus on trading.”

Advanced Technology

The JunoTrade.com platform took two-years to develop and test. It provides clients with an array of industry leading tools and options that respond to the most demanding trading needs of professional traders.

“We’ve incorporated cutting edge technology to increase ease of use and functionality in accessing the stock market on our platform,” says JunoTrade VP of Marketing Daniel Micovic. “JunoTrade customers will get a trading site that was designed with their needs in mind. The site was designed to simplify and at the same time enhance both their stock and option trading experiences. We used common logic throughout our platform to simplify the trading process. Whether they’re looking to buy stocks or to buy stock options, the process will be streamlined.”

“Through JunoTrade, clients will get access to state-of-the-art trading tools – and will get closer to the stock market trading floor than ever before.”

JunoTrade Corporation provides retail investors with online trading at a low, flat fee of $4.95 plus $0.95 per contract for option trades and $4.95 per stock trade, regardless of size, through its website, JunoTrade.com. JunoTrade also provides end-to-end trading solutions to hedge funds, broker dealers and other institutional clients.

www.JunoTrade.com is an online firm that offers investors access to the stock market and a cutting edge suite of trader tools via both its JunoTrade Pro software trading platform as well as their convenient and reliable browser-based trading platform, JWeb. JunoTrade features dynamic, customizable screens, transparent commissions and high-quality, informed customer service. The company's management team comprises former executives at Charles Schwab, ShareBuilder, CyberTrader, TD Ameritrade and other leading brokerages.

CONTACT:

JunoTrade Corporation
Daniel Micovic, 312-909-9798
d.micovic@junotrade.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:   Technology  Internet  Professional Services  Banking  Consulting  Finance  Other Professional Services

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