Capital Alliance Group - CPT (CDNX) Message Board

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

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To: gg cox who wrote (643)	3/30/2001 1:45:24 PM
From: J-R	Read Replies (1) of 960

gg Cox, I think it is clear in the business model of SEG-Trade that it is aimed directly at overseas investors. You can't even open up an account in Canada for Direct Access, unless you want to go through all the loopholes such as getting a US PO Box # etc.. Also, I have a hard enough time managing my Canadian and US investments, and basically don't know sh*t about any companies on other worldwide stock exchanges. For that reason I'm not interested in trading foreign securities either. Not yet anyways... Basically SEG is marketed at people outside the US and Canada (about 5 Billion people). I see North America as a saturated market with a high cost to obtain new customers and low margins for those customers (I had help with that sentance - thanks!). Elsewhere in the world is a virgin market, so I'm sure that 98% of users will be from overseas.. If even only 50 people from each of the 25 broker dealer countries are interested in daytrading US stocks, WOW$$$... Finally, and I'm making a big assumption here, I imagine that the majority of SI users are from the US and Canada. Again I'm guessing, but I'd bet a lot of them feel the same as me about the use of SEG - think its an outstanding concept, but it dosen't really apply to their actual use. Go get an account yourself and tell us what its like! Jason

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