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Strategies & Market Trends : Analysis Class for Beginners

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To: Arthur Tang who wrote (702)	2/4/1998 6:33:00 AM
From: Arthur Tang	Read Replies (1) of 1471

Island system satisfies the SEC new rules, but individual investor is stopped by the cost of being a subscriber of the Island system. Island system is designed for Nasdaq workstations for brokers. Brokers not having time to check Island, means the system fails. All others had to use telephone to trade. But first you have to be a subscriber. Then you have to satisfy the credit approval to trade in the system. Some day, when Island can take credit cards and receive properly endorsed stock certificates; then, SEC rules will be satisfied, in spirit as well as by the letter. At the moment, the "free" information does help the advanced investors.

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