CyberTrader,
Can you tell me some of differences between CyberTrader other online trading firm such as E*Trade and Ameritrade.
Thanks,
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Thai:
Online traders have become increasingly frustrated with many of the first generation current Internet-based online brokers including the two that you mentioned.
Using first generation web and browser based systems, they often offer little more than form fill, e-mail messages that forward a request to a broker. First generation internet-based trading systems are often slow and deliver poor fills to the trader - often an 1/8th or a 1/4th away from where the customer could have been filled. Some traders might be paying a "low commission" for the trade - what they don't realize is that their transaction costs are really alot higher because they are not getting the best market price - they are getting a price 1/8th, 1/4th or more away from the real "inside" market.
Trading say a 500 share order and getting filled 1/8th away from the best quote avilable in that moment costs that trader $62.50, which is many times more than the commission paid.
Low cost commissions from current first generation brokers often hide the truth that the broker is getting paid twice and the trader is paying three times. The broker then decides what to do with the order, often with the broker's, not the trader's, best interest in mind. For example, brokers direct orders to a "favored" market maker in return for order flow payment. Others send it to an in-house order matching system, or ECN, hoping to find a match. Few offer electronic, direct and full access to the market.
Equally, the data provided by these online trading services are often delayed and very limited.
Online traders who have become more educated regarding market mechanics and system choices are demanding more.
 With CyBerTrader there are no forms to fill– that's old technology.
 You don't wait minutes for a confirmation.
 You enter the stock symbol in a Stock box.
 You see all of the Market Makers and/or specialists quotes.
 You see Level II quotes changing in real time.
 You see who and how many are offering and bidding the best quote.
 You have real-time market data and executions.
 You see if any other orders are going through for that stock - in fact, you can be alerted to every buy and sell trade for any stock.
 You hit a button and CyBerTrader electronically routes your order to the appropriate Market Maker, ECN, Specialist, or Exchange.
 You usually know if your order has been filled within a moment, and CyBerTrader tells you at what price and with which counterparty.
Also, with CyBerTrader, your order is transmitted to the entire and appropriate market. Other systems use just one market maker who can pick and choose between orders and prices to suit his needs - not the trader's needs, or will look for a 'match' on one internal ECN first, before offering it out to any other possible counterparty.
CyBerBroker believes that professional day traders and active investors are asking for more.
 They want to be alerted to buy/sell opportunities - in real-time.
 They want high-speed, real-time, Level II market data.
 They want interactivity.
 They want the fastest way of getting orders into the system and market.
 They want better fills.
 They want to know instantly if they have been filled.
 Now.
If you are interested in learning more about CyBerBroker go to CyBerBroker's new home page at:http://cyber-brokerage.com
If you would like a more detailed answer as to the advantages of using a second generation online trading technology such as CyBerTrader click on THE CYBERTRADER ADVANTAGE on the above home page. You can join around 1,000 traders nationwide already using CyBerTrader daily.
Equally the new CyBerX technology that we shall release into Beta test over the coming weeks will, at last, allows many more online traders beenefit from the faster, better and smarter executions that second generation electronic execution technology offers to traders over the Internet
If you feel this information and response is of value, please feel free to circulate it on other threads and forums
Best wishes
PRB
CEO
CyBerCorp Inc
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