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Non-Tech : Datek Brokerage $9.95 a trade

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To: nick nelson who wrote (13093)8/26/1999 12:54:00 AM
From: Mitchell  Read Replies (1) of 16892
 
Yah Sure,

But when trades cross between members of ISLD, where's your market maker then ???

When ISND volume grows and other ECN's link up. Good-bye market makers.

The P.C. empowers individuals by lowering transaction costs. With freely available information and virtually free costs of communication, the old order is crumbling.

Many entrenched businesses, that depend on high transaction costs, will suffer in the world of free information.

Mitch
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