BRIGHTON, England, September 25 /PRNewswire/ --
- Web-Based Club Management System Helps Investment Clubs Manage Their
Accounts and Submit Returns in Advance of UK Inland Revenue 30th September
Tax Deadline
timetotrade has developed a suite of professional investment tools to
help Investment Club Treasurers manage club accounts and enable club members
to determine their proportionate share of gains at the click of a button.
The software also enables club members to track investment performance,
collaborate on investment decisions and receive alerts when investment
conditions are met. The investment tools can be accessed by individual
club members and private investors from any web browser at
http://www.timetotrade.eu
The timetotrade Investment Club features enable clubs to:
- Manage investment club accounts and for member subscriptions,
withdrawals, unit valuations, unit cancellations and money weighted rate
of return calculations.
- Generate UK Inland Revenue Form 185(new) to help club members
complete their tax returns, at the click of a button.
- Debate trading tactics, post news, share investment research and
embed useful chart images for collaborating on investment decisions in a
private club forum.
- Create an online library of documents, spread sheets and images
that can be organised using a folder structure.
- Produce detailed reports on investment and member performance
includes; member unit holdings, subscriptions and withdrawal unit value
performance and club or individual return on investment and internal
rates of return.
- Never miss another trading opportunity - point and click price,
volume and technical analysis alert creation for UK and US stocks, notify
club members by mobile phone, email or instant messenger when investment
conditions are met.
- Anytime anywhere access, means you can stay connected to your
investments be it from home, work or on holidays using your mobile phone
when you register at http://www.timetotrade.eu
- Completely innovative is the ability to manage investment
accounting in multiple currencies, with multiple brokers and margin
accounts.
Dary McGovern, managing director of Sensatus, the developers
behind timetotrade said: "When we set up our own investment club we searched
for software that would enable us to manage our accounts. We wanted a
solution that all club members could access, which would support UK and
foreign investments, a variety of investment strategies such as long, short
and option positions and manage our tax returns. There was no such software
available, so we decided to develop it ourselves. It has been really exciting
working with other investment clubs to develop a solution that is unique to
the UK market."
To quote Liam Curtis of Slaney Slickers investment club, who
has been involved in the development of the timetotrade application,
"timetotrade has completely changed the way we work as a club. Keeping club
members involved and informed in the day-to-day running of our investment
club is a no longer a challenge. timetotrade lets club members post research,
check our unit valuations and portfolio performance online without having to
bother the treasurer for updated spreadsheets or reports."
To create an investment club account or find out more about
timetotrade visit http://www.timetotrade.eu.
FURTHER INFORMATION
ABOUT INVESTMENT CLUB TAX RETURNS
The deadline for UK investment clubs to submit their tax returns for
enabling the government to calculate tax is 30th September 2007 for the
period April 2006-April 2007.
For more information on submitting your UK investment club tax return
visit:
http://www.hmrc.gov.uk/
http://timetotrade.eu/wiki/index.php/Form_185(new)
ABOUT INVESTMENT CLUBS
An investment club is typically formed by a group of
individuals who want to learn how to invest in the stock market by pooling
together a small amount of money each month. Investment clubs provide a
supportive environment were investors can learn how to invest by sharing
knowledge and experience, with the benefit of being in a social club with
like minded people.
There are over 12,000 investment clubs in the UK.
ABOUT SENSATUS
Founded in August 2005, Sensatus UK Ltd is one of a new wave
of software companies to set up offices in Brighton, UK. Sensatus specialises
in the development of innovative web-based professional trading tools for
private investors and investment clubs. Sensatus launched its 'timetotrade'
charting and technical analysis alerting tool in October 2006 and launched a
new 'timetotrade' investment club web-application in March 2007.
DARY McGOVERN PROFILE
Dary McGovern, Managing Director and Founder of 'Sensatus', is
a seasoned trader of thirteen years and a dynamic presenter on stock market
investment and trading strategies. Dary began investing in his student days,
during the early 90's. Since then he has learned a lot of lessons, some the
hard way. Over the years Dary has developed a disciplined approach to
investing that generates consistent returns, based on a combination of
fundamental & technical analysis and complemented by a variety of trading
strategies. Despite fine tuning his trading strategies, Dary was frustrated
that he could still miss trading opportunities when away from his computer.
While away snowboarding, Dary missed another excellent trading opportunity
and at that point he decided it would be the last time. With his background
in software development, telecoms and the IT sector he decided to create
timetotrade: a web-application that could alert investors when it is time to
trade.
RELATED LINKS
http://www.timetotrade.eu http://www.sensatus.com
Contact:
Victoria Madden, Marketing Director, Sensatus
http://www.timetotrade.eu/wiki/index.php/