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Non-Tech : CYBERTRADER
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To: jebj who wrote (2024)3/10/1999 6:09:00 PM
From: Philip R Berber  Read Replies (3) of 3216
 
The Electronic Daytraders Association leads the day trading Industry response

CyBerCorp continues to focus on the development of advanced integrated trading and execution tools for daytraders - most daytraders regard CyBerTrader as the leading platform for experienced, professional daytraders.

It is the power, speed and sophistication of such technologies and the increased sophistication of the traders that have squeezed the profits of the market makers et al. Plus the ECNs have further squeezed the traditional counter parties and middle men.

So it is no surprise to any of us who have been involved in this industry for a number fo years to see yet another concerted effort to reduce the impact of day traders.

As for CyBerBroker, it remains very selective as to which traders we feel the CyBerTrader platform is suitable for in the best interests of the trader's themselves and their likelihood of success

In short, such news and noise and developments is nothing new, needs always to be taken seriuosly, yet it is perhaps of equal importance to ask who might be driving these moves and developments and why

Over the past three years I have been told in one form or another that SOES trading or SOES bandits or day traders or day trading would not be here in x months time many times each year. We are still here and our business is growing, and we are diligent about regulatory compliance and customer care, training and suitability etc

I believe that CyBerCorp will be here next year and successful day traders will continue to day trade

I also believe properly and professionally run day trading firms will also be here providing services - while others will fade away due to financial failure or failure to meet any and all regulatory requirements

PRB
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