It looks like the on-line trading market is getting beyond the reach of I-T to address. That means that they are quite vulnerable failing in the on-line market and then only having their trading centers to generate cashflow. Here is a link to all of the states with trading rooms already running CyberTrader software.
(See: cybercorp.com )
This article really shows how competitive the whole thing is getting, not to mention the huge lead others have over PABN/PRWT in getting their trading rooms started. (Franchising I-T? Hahahahaha. I think staying afloat will be the big trick.)
The Next Generation
Promising better and faster executions, a new wave of online broker for hard-core traders debuts.
By Paul Barr
Online Investor (July/August issue)
Active traders unhappy about the quality of online trade executions and the practice of payments for order flow are getting some relief, thanks to a new breed of online broker.
. . .
Enter a pack of daytrading brokers looking to jump into the growing market for home-based traders. Firms such as CyBerCorp, Tradescape, and TradeCast all want a piece of the online trader pie by marrying daytrading technology with the Web's Accessibility and low cost. Both CyBerCorp, based in Austin, Texas, and TradeScape, based in New York, already offer basic versions of their day trading brokerage, while TradeCast, of Houston, plans to offer a lower end version of its daytrading software soon.
. . .
And more brokers are jumping into the fray. TradeCast expects to release an online brokerage system soon, offering Nasdaq Level I and Level II quoting (for an extra monthly fee), computerized trade execution (for about $20 a trade), and ease of use. And Instinet, known for its after-hours trading for institutions, wants to partner with an e-broker to provide fast executions and after-hours trading to individuals.
cybercorp.com
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