Canada's AlphaTrade.com has introduced new software that enables users to move a "streaming" stock quote ticker directly from the Web to their desktop computer. Called AlphaTicker, the application can reside on a desktop without being downloaded, the only such Internet tool with this capability, the company says.

Unlike other stock tickers, which work by electronically polling stock exchanges for quote updates, AlphaTicker provides a live flow of data. The software loads stock information as it executes, which avoids lengthy downloads, according to AlphaTrade.

Vancouver, British Columbia-based AlphaTrade will incorporate the securities data tool into its new E-Gate financial services portal, which is slated to launch this summer. Along with streaming quotes, the gateway, which will be available for private-label licensing, will offer word processing, spreadsheets, streaming video and other services.