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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: changedmyname who wrote (94800)9/9/1999 3:25:00 PM
From: Mr. Big  Read Replies (1) of 119973
 
In October MSGI will be announcing -->>

National Securities Plans Online Trading System

CHICAGO, June 24 (Reuters) - National Securities Corp. said Thursday it plans to have fully operational by mid to late October an online trading system to compete in the rapidly evolving electronic brokerage arena.

National Securities said it reached an agreement with Pegasus Internet, a subsidiary of Marketing Services Group Inc. , to develop the online infrastructure for the system.

The Pegasus system will allow National Securities' clients to buy and sell stocks, mutual funds and options and to accept all types of orders, including market, stop, limit, stop-limit, good-till-cancel and all-or-none.

Seattle-based National Securities is a wholly owned subsidiary of Chicago-based financial services company Olympic Cascade Financial Corp. .

In mid-February, Olympic Cascade said its National Securities brokerage unit might launch an online service.

Marketing Services Group acquires and invests in Internet companies. It also provides Internet marketing, e-commerce applications, Web development and hosting, online ad sales and consulting.

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