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:: definitions
    
Traders101.com
reproduces this definition here under license for your convenience.
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Day
Trading Software
Day trading
software is used by traders to execute transactions (both on the
long and short sides) in the markets that they are trading. There
is a very wide choice of day trading software, of variable quality
and price. This day trading software is most often Microsoft Windows-based
or Java-based, and the best of it will run in a browser without
any downloads. The trading software not only allows the placing
and exiting of trades, but also supplies market price data and (usually)
charting facilities. Spread
betting companies usually supply their day trading software
for free, including real time data, as do some traditional brokers
such as Interactive
Brokers. Depending on your budget and platform therefore, your
choice ranges from free broker-supplied java applets to full-blown
installed locally software like tradestation.
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