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Non-Tech : Internet Trader

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To: Carole Olkowski who wrote (1910)3/22/1999 10:21:00 AM
From: Frederick Smart  Read Replies (1) of 2125
 
We Have the Fastest Tickerplant on the Planet....

>>We currently use a feed from the former ADP - now Bridge. The ticker plant is our own proprietary feed. We also are currently undergoing the process of bringing in our own feeds direct.

Your comments were very interesting you have certainly addressed major issues and concerns as we all look toward Y2K and see who falls out on the other side.>>

Carol:

"....bringing in our own feeds direct....??"

Have you built the requisit messaging infrastructure to support your growth going forward??

Who's decision was this? Did one of your internal IS/IT execs recommend this.

Why recreate the wheel?

We have over 6+ years of development in our messaging infrastructure. Some of the largest firms on Wall Street have tried to skin this cat and are now coming to us for the connecting technology.

Our system is also a trading system - we will guarantee the receipt and delivery of a trade anywhere, anytime from anyone.

Can your techies play in this league? What if one of your competitors opened up to our technology and you didn't? Where would you be relative to them.

The internet business model is all about opening up, giving, sharing, helping, serving. That's what we are doing in the securities industry.

We are still under radar, but you will hear about us for we have the best technology for the internet trading/messaging/quoting game.

Best.
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