Masayoshi Son, founder and CEO of SOFTBANK CORP., noted: "We are already working with NASD to develop an Internet-based stock market in Japan, to be called Nasdaq-Japan and also scheduled to launch in the fourth quarter of 2000. The creation of Nasdaq-Europe will greatly increase the potential value of those efforts. With technology as the enabler, it is now possible to envision the power of the Internet creating one worldwide electronic stock market. We're delighted to be a partner in this historic endeavour."
nimi.com
nasdaqnews.com
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"I'm suggesting that in the years or maybe months ahead, mainstream brokers such as Schwab and E*Trade could be the ones offering state-of-the-art daytrading software. Think what their gargantuan R&D war chests might buy: voice-activated order fills, animated bots that explain trading strategies, artificial intelligence, a 3-D video-game-like interface and -- why not? -- a real joystick instead of a mouse!
A setup like that could turn all of us into hard-edged daytraders -- people with nerves of steel and raw cunning (people scared to leave their terminals on bathroom breaks for fear of missing out on a market blip) -- yes, ultimate video-game addicts."
Message 12403669
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from ETrade's 99 corporate report:
"Imagine "anytime, anywhere, any device" access to financial transactions and information. That's E*TRADE's vision. The ultimate goal is to create a global cross-border trading network to provide investors around the world with the information, tools, and access needed to invest in international markets from any place, at any time, through any device. Eventually, investors won't be restricted to the opening and closing bells or to a particular exchange. Wherever there's an active market?whether it's London, Hong Kong, or New York?E*TRADE's goal is to bring that market to retail, corporate, and institutional investors worldwide.
With the integration of TIR Holdings,(TM) this cross-border trading network will ultimately enable investors to trade securities in international markets as easily as they trade domestically. Consumers worldwide will be able to trade cross-border, in whatever currency they choose, in a seamless and transparent way.
With more than 600 institutional clients and memberships with exchanges around the world, TIR Holdings(TM) is active in equity, fixed-income, and currency markets in more than 35 countries. We intend to overlay our technology architecture on the TIR network to deliver an entirely new level of automation and performance to international retail, corporate, and institutional investors.
Breaking down geographic barriers, E*TRADE© is building a branded presence in the top 20 financial markets worldwide?representing some 95 percent of the world's financial assets. We already serve customers through branded sites in seven countries outside the U.S.?Australia, Canada, France, Japan, New Zealand, Sweden, and the United Kingdom?and we've just begun." |
