Activities Update -- CyBerCorp
All,
Went to Austin and talked to Mr. Butch Jones, VP of Business Development for CyBerCorp today. He said they will be pleased to offer us a tour of their headquarters, followed by a demonstration of some of their software on Friday afternoon, 16 July. Tentative schedule:
1200 - 1300 Tour of facility
1315 - 1500 Demonstration of Trading Software at hotel.
Here are some pertinent URLs to see what we're talking about.
cybercorp.com
cbs.marketwatch.com:80/archive/19990526/news/current/cybercorp.htx?source=htx/http2_mw
... For the past few weeks, CyBerCorp's online active traders have had access to Island ECN, a fast-growing electronic communications network that lets them trade for 90 minutes before the markets open and for 75 minutes after the markets close. ...
wired.com:80/news/news/business/story/19885.html
CyberCorp said it will do its after-hours trades through Datek Online's The Island, as well as ECNs REDIBook, Acra, and NexTrade. While market hours on Nasdaq and NYSE are 9:30 a.m. to 4 p.m., EDT CyBerBroker said its customers can trade on the affiliated ECNs from 8 a.m. to 5:15 p.m.
Online brokers have long accepted orders while the market is closed, but the trades are initiated when the market opens, with a flood of deals crossing in the first minutes of trading. The new setup allows trades to be completed while formal exchanges are closed.
SI threads:
Subject 13095 (main)
Subject 26953 (some negative comments)
Please note that I am not trying to 'sell' this brokerage. Rather, I intend it as an opportunity for you to look at some trading software and programs which MAY be of interest to you as investors, whether in the specific or general sense. (Oh, and BTW, this is a private corporation which may be going public at some future date.)
DELLish, Bachman |
