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Non-Tech : E*Trade (NYSE:ET)
ET 16.45-2.5%Nov 7 9:30 AM EST

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To: Spytrdr who wrote (13622)5/8/2000 12:04:00 PM
From: sim chambers  Read Replies (3) of 13953
 
great news for active traders

just got a call from etrade. they will be routing orders of active traders through ARCA ecn. this is a must for active traders. i trade 600 times a month. even with nite and hrzg ripping me off, i make a ton of money. this is big news, because now i dont need to go to a direct access firm.

here comes etrade....they are doing the right things to create long term value. at 10 bux a trade through the ecn's, this is a real value compared to some of the direct access firms. this is the answer to keep the active traders at etrade. this is big. also they said premarket trading within a month through arca as well.

they said within 24 to 48 hours it will be in place for me.
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