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Non-Tech : Web Street Securities (WEBS) -- Ignore unavailable to you. Want to Upgrade?

To: wlcnyc who wrote (1172)	1/4/2000 8:44:00 AM
From: Doug Coughlan	Respond to of 1339

DEERFIELD, Ill.--(BUSINESS WIRE)--January 4, 2000-- Web Street Securities, Inc., an innovative online brokerage firm and wholly-owned subsidiary of Web Street, Inc. (Nasdaq: WEBS - news) today announced that it has filed with the National Association of Securities Dealers (``NASD') to become a self-clearing brokerage firm. Web Street's self-clearing operations are expected to commence during the second quarter of calendar 2000. As a self-clearing brokerage firm, Web Street expects to offer its customers several benefits including after-hours trading, lower margin rates and increased trading opportunities for international customers. The Company's clearing operations will be housed at its new facilities in Chicago and will be supported by an additional state-of-the-art data center, which is currently under construction in the Southwest, for enhanced redundancy, processing and system back-up. biz.yahoo.com