Brokerage-Chat Site Securities Fraud: A Flawed Suit Message Board

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Pastimes : Brokerage-Chat Site Securities Fraud: A Flawed Suit

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To: Teresa Lo who started this subject	7/28/2001 3:49:31 AM
From: Teresa Lo	Read Replies (1) of 122

50,000 traders account for 81% of online trades: I knew it! "Bear, Stearns & Co. brokerage analyst Amy Butte estimates that a mere sliver of the U.S. retail electronic trading market - 50,000 out of 18.5 million total online accounts - was responsible for 81 percent of 5.4 million average daily trades at the end of last year. That hyperactive group, who demand the utmost in direct-access capabilities, averaged 44 trades per day in the fourth quarter, up from 28 at the end of 1999. The remaining 99.7 percent of online investors reduced their average activity to 17 trades per year, from 27." ottographs.com Teresa

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