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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

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Aug 17 5:00 PM EST

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To: Alohal who wrote (4172)	9/20/1999 5:24:00 PM
From: Gary Korn	Read Replies (1) of 10027

Aloha, Thanks for that article. One snippet from it: How big is online trading now? Well, some 42 million out of 99 million American households have PCs, and 24 million have Internet access. About 12 million of those households now have online accounts, and those folks are making more than a half-million trades a day. The percentage of U.S. investors trading online is now about 12.5% and is expected to climb to 29.2% by 2002. If anything, the latter figure could be low. Merrill Lynch and the other full-service big boys are just now furiously retooling their businesses to offer online service. Gary Korn

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