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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bob Kim who wrote (4651)	10/5/1999 11:02:00 PM
From: Herschel Rubin	Read Replies (1) \| Respond to of 10027

American Express (AXP) Announces American Express Brokerage. Who are they gonna call to make a market??? Knight-Trimark, of course. This is an interesting industry shift with the credit card companies making a stronger push into the OLB realm -- means more volume for NITE. ________________________________________________________ biz.yahoo.com Tuesday October 5, 8:06 am Eastern Time Company Press Release SOURCE: American Express Company American Express Announces American Express Brokerage - Online Brokerage Combines Free Equity Trades with Outstanding Personal Advice - MINNEAPOLIS, Oct. 5 /PRNewswire/ -- American Express Company (NYSE: AXP - news) today announced plans to launch American Express Brokerage -- a service that combines innovative online investing and financial planning tools with access to a financial advisor and attractive online pricing, including free equity trades for account holders with minimum balances. American Express Brokerage will be available later this fall. American Express Brokerage (http://www.americanexpress.com/trade) provides the tools for online investing that customers value most, including the ability to open an account instantly, a broad choice of mutual funds, real-time quotes and comprehensive market research. In addition, American Express Brokerage provides access to financial planning and advice tools and services, online or in person, unparalleled in the online brokerage marketplace. ``American Express Brokerage lets our customers invest when, where and how they want,' said Doug Lennick, executive vice president, Advice and Retail Distribution Group, American Express. ``Clients can 'do-it-themselves' with the help of our interactive tools and proprietary research, or they can use American Express Brokerage with the help of an experienced, professional American Express financial advisor.' ``Our new online brokerage represents an important step forward in establishing American Express as a leader in online commerce,' said Ruediger Adolf, senior vice president, Strategic Planning and Business Development at American Express. ``It is a key part of our Internet strategy and complements a series of recent introductions, including Membership B@nking -- a direct bank with attractive rates and quality service -- and Blue -- a new card with special features for people interested in shopping online.' ...