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Non-Tech : CYBERTRADER

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To: DRRISK who wrote (1202)8/31/1998 11:19:00 AM
From: Philip R Berber  Read Replies (1) of 3216
 
Barron's Article: Here is the text that Dr Risk was referring to that appeared in Barrons this week

".........newcomer CyberBroker is publishing an amazing -- and costly-trading solution that bypasses the Internet. CyberBroker, programmed by people with experience in electronic warfare, presents itself as a private toll road with access to online trading, rather than utilizing the public highway-constantly under construction -- that is the Internet. The program allows traders to watch every tick of the market, and to select which clearing house to use to execute a trade. I got a demonstration of the software earlier this month at the Money Show in San Francisco; you can check it out at cybercorp.com "

I'm not sure why they said "costly" - CyBerBroker commissions start at $19.95 and are as low as $14.95 for high volume traders. Use of the private Intranet, which is based on GTE/BBN's Dialinx network costs $2 per hour for higher speed, more reliable connectivity.

As for the technology being "amazing" .......

PRB
cybercorp.com
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