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Non-Tech : E*Trade (NYSE:ET)
ET 16.38+0.1%Dec 24 12:59 PM EST

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To: Rick who wrote (3328)7/20/1998 5:55:00 PM
From: DancesWithFedCalls  Read Replies (1) of 13953
 
Rick wrote: ...As an example of leveraging the new economy, there was recently a rumor about E*Trade, independently or in a venture, launching an electronic options exchange. Apparently CBOE is not willing to pay for order flow, and E*Trade is exploring ways to extract value from its customer base by creating an options competitor...

Rick,

E*Trade has also been contemplating the creation of their own after-hours trading system. This system would allow E*Trade account holders to trade amongst themselves in the top 500 most widely held stocks. I haven't heard much about it lately, but they did state that the service, if enacted, would not be available until late in the year...

-dances
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