SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CYBERTRADER

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Philip R Berber who wrote (1510)11/23/1998 5:56:00 PM
From: Chris land  Read Replies (1) of 3216
 
<<<<Combined, CyBerTrader executes around 200,000,000 shares per month
There are now over 600 full time professional day traders who trade within any one of the 55 trading rooms in 40 cities around the country. Plus over 200 day traders and active investors who access the technology online – via the Internet, Intranet and Frame Relay technologies. >>>

I calculate 200,000,000 divided by 800 traders = 11,905 (averaged) shares per person per day. Based upon a normal trade of 1,000 shares I don't see the average trader getting close to having the monthly fee waived, but I do sense the pressure. Are there plans to reduce it in the near future?

Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext