The board of Webis, the Group specializing in pool wagering and the operators of Cal Expo, the California harness track, is pleased to announce that its Advanced Deposit Wagering (“ADW”) business, WatchandWager.com LLC (“WatchandWager”) launched a new initiative of the company called Business Trading with the release of the website www.wawbusinesstrading.com that reaffirms the group's vision behind the importance of high-frequency trading in the pari-mutuel market industry.
The Business Trading brand was created to be an education vehicle for equity traders and facilitate their growth and success in pari-mutuel markets. Business Trading's growing team of experienced and enthusiastic project managers are dedicated to the development of algorithmic trading with the primary objective of increasing participation levels with worldwide track partners. WatchandWager President Ed Comins is excited to see what the future holds for Business Trading: “WAW believes that equity traders can succeed in the pari-mutuel pools given the similarities with equity markets. The participation and growth with this initiative is a big opportunity for the group and track partners looking to increase revenues derived from turnover.”
The investment behind this high-frequency division emphasizes the importance of treating technology and innovation as a profit center rather than a cost in the 21st century. It is through innovative technology and access to valuable data that Business Trading will effectively deliver value to customers. Our approach of compiling information and providing fast feedback with experienced market expertise are the cornerstones which enable traders to develop sophisticated trading models. The value-added services, reporting metrics, and direct market access are how traders find ultimate profitability, and this brand has addressed these fundamental areas that start with the launch of the website.
New to the Paulick Report? Click here to sign up for our daily email newsletter to keep up on this and other stories happening in the Thoroughbred industry.
Copyright © 2019 Paulick Report.