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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: John Powell who wrote (591)2/12/2001 11:25:30 AM
From: John Powell   of 960
 
Also thought this post from Stockhouse is worth a look. It is in reference to the potential of SEG's direct access trading software.

The average day trader does 10 tickets a day and some scalpers do 500 tickets a day.

Just 4000 traders
@ 10 tickets a day
@ $10 profit a ticket
= $100 million/year

It doesn't take much for the numbers to add up very quickly in this game.

According to the news ....
brokerage firms have already expressed an interest in marketing this new direct access trading product to their existing client base

Anyone want to guess at how many clients SEG's current network of 23 brokerage firms have in total? I am guessing it would probably be in the 100's of thousands or maybe even millions of clients. Between all of these brokerage firms how hard will it be find just a few 1000 investors that are looking to day trade US stocks?

According to the news...
. In development for over five years, this new trading platform eliminates the need for high bandwidth Internet connections, required by the majority of direct access software providers.

Nobody in these countries have high speed connections so there are probably traders all over the world just waiting to day trade US stocks but they can't because the software is not avaiable to them. Schwab just bought Cybercorp for $500 million and they only had 2000 customers at the time. Cybercorp will NOT run on low bandwidth connections - only on high speed lines.

SEG is walking in with the software and the connections. Doesn't take much to see the value in this.
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