Once you have done this the Main Menu of Paritech MarketScan will appear. The Main Menu displays all of the high level functions from which you can access either pre-defined scans or alternatively look to create your own scans and/or watch lists

The introduction of Paritech’s MarketScan will give investors access to the same information professional's use in their day to day trading. Paritech’s MarketScan comes with a series of pre-programmed scans, including a Sector Index Performance scan, which is will rank the performance of all ASX S&P Indices over the last three months. And how easy is it to run this scan? Well, lets walk through the steps and see. To run Paritech’s Index Performance scan we simply highlight the criteria we want and click on "Search" from the menu in the bottom pane.

Having done this Paritech’s MarketScan will then display results.

And its that easy. Now lets look at the results – as we pan left to right we can see the Index symbol, Index name and its three month percentage change. Moving down the list we can see the Indexes have been ranked by their relative performance from strongest to weakest.

Next we might want to know which stocks make up some of the better performing Indices. For the purpose of this exercise, lets assume that we believe that the Retail sector will out perform the broader market over the coming twelve months and therefore we want to further our research of stocks in this area.

So lets see how we identify which stocks make up an Index. To do this we simply go back to the Main Menu screen and select the Rank Shares in Industry by Performance scan.

Once selected, The List screen and Index menu window appear and you are asked to click on the drop down menu and select Retail. Having done this click on ok and MarketScan will compile a list of stocks.

We can now see the relevant stocks, as listed by their ASX code, name and their three month percentage  price change.