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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: agent99 who wrote (8289)	6/13/2000 7:32:00 AM
From: TraderAlan	Read Replies (1) \| Respond to of 12617

InterNarcs

To: agent99 who wrote (8289)	6/13/2000 7:56:00 PM
From: TFF	Read Replies (1) \| Respond to of 12617

CyBerCorp.com Advances Technology, Lowers Prices and Expands Client Service Center for Active Online Investors Announces CyBerCorp Institutional -- Next Generation Electronic Trading Technology for Institutional Traders NEW YORK--(BUSINESS WIRE)--June 13, 2000-- CyBerCorp.com, a leading electronic broker for active investors, today announced that it is reducing its commissions -- to as low as $9.95 -- while introducing its new CyBerX2 trading technology and expanding its client service center. In a parallel development for the institutional traders market, the Company announced the formation of CyBerCorp Institutional. ``The decision to offer active investors commissions as low as $9.95 along with the enhanced technology of CyBerX2 and expanded client service represents a major step forward for CyBerCorp.com,'' said Philip R. Berber, founder of the Austin, Texas based online brokerage. The new CyBerX2 is designed to allow active investors to benefit from direct access and intelligent order routing while receiving real time streaming Level II data, advanced charting capability, options trading, access to online research and news, stop loss management, risk management and more. Direct access enables clients to route orders through CyBerCorp.com's servers to the appropriate market center. ``To have all of this available within one easy to use electronic, intelligent and integrated trading platform represents a quantum leap in terms of other real time, direct access trading platforms available over the Internet,'' said Berber. CyBerCorp.com also announced new pricing schedules effective June 15 for its retail trading platforms, based on the previous month's trading activity: For CyBerX2: $14.95 per trade from 1-249 trades; $12.95 per trade for 250-499; $9.95 per trade for more than 500 trades. For CyBerTrader: $17.95 per trade from 1-249 trades (reduced from $19.95); $14.95 per trade for 250-499 trades; $9.95 per trade for more than 500 trades. According to Berber, over the past year, institutional traders have better understood the power and value of direct access and intelligent order routing technologies, which CyBerCorp has now adapted and upgraded specifically with them in mind. All CyBerCorp trading platforms for the institutional market, like those for the individual market, utilize third-generation ``direct access'' trading technology, by which the technology ``hunts and seeks'' for the optimum counterparty at that instant among Electronic Communication Networks (ECNs), market makers and exchanges. ``CyBerCorp was an innovator and pioneer in designing and developing intelligent order routing technology for active online investors,'' Berber said. ``They are now offering institutional traders direct, intelligent and electronic access to the entire pool of Level II display liquidity through one single terminal.'' CyBerCorp Institutional will provide institutional traders with direct access, intelligent order routing technology platforms including CyBerTrader Professional and CyBerQuant, designed to cater directly to the time- and price-sensitive trading requirements of mutual funds, hedge funds, and other sophisticated asset management groups. William Thomson, general partner at Doune Capital L.P. in Hartford, CT, who has been using CyBerCorp services for the past month, said: ``The customer service and the technology at CyBerCorp is exceptional. I believe CyBerCorp is enabling an affordable delivery of previously unavailable trading services to all investors.'' As a separate effort CyBerCorp and Schwab are combining their strengths to develop an offering geared toward independent investment advisors working with Schwab Institutional that marries CyBerCorp's intelligent order routing technologies with the back office custody services of Schwab Institutional. ``Our goal is to provide investment advisors the best of both worlds by combining CyBerCorp's innovative technology with the Schwab Institutional platform that provides advisors dedicated service, reporting and other technology solutions to support their growing practices,'' stated John Philip Coghlan, President of Schwab Institutional and Vice Chairman of The Charles Schwab Corporation. ``The combination of Schwab and CyBerCorp Inc. results in the only firm today that possesses both the depth and strength of offerings provided by the leading online broker, Schwab, and the benefits of the technology-based products and services provided by the leading direct access broker, CyBerCorp,'' said Berber. About CyBerCorp Founded in December 1995, CyBerCorp Inc. is an electronic trading technology and brokerage services group that designs and develops state-of-the art electronic trading software for active investors. CyBerCorp.com and CyBerCorp Institutional are divisions of CyBerBroker, Inc., a wholly owned subsidiary of CyBerCorp Inc., a member of NASD, SIPC. On March 1, 2000, CyBerCorp Inc. became a wholly owned subsidiary of The Charles Schwab Corporation (NYSE:SCH - news). CyBerCorp.com has been ranked in the Top 10 among all online brokerages and ahead of all other direct access brokerages in reports by Hambrecht & Quite and US Bancorp Piper Jaffray by volume of transactions in each quarter beginning with the third quarter of 1999. (More information on CyBerCorp products and pricing can be found on www.cybercorp.com). About Charles Schwab & Co., Inc. (NYSE:SCH - news) Charles Schwab & Co., Inc. (member SIPC/NYSE) is one of the nation's leading financial service providers, serving 6.9 million active investor accounts with $823 billion in customer assets. Of these, approximately 3.7 million are active online accounts with $418 billion in customer assets. Schwab provides a full-service investing experience to customers through a ``clicks and mortar'' multi-dimensional offering of the Internet, 356 branch offices, speech recognition, touch-tone telephone, e-mail technologies, multilingual and international services, and access to professionals day or night. About 30 percent of Schwab's customer assets and 10 percent of its customer accounts are managed by the 5,900 independent, fee-based investment advisors served through its Schwab Institutional division. Schwab is creating a new model of full-service investing in which information flows freely, and investors make their own decisions with objective advice when and how they need it. -------------------------------------------------------------------------------- Contact: CyBerCorp Trey Robinson, 512/682-7619 trobinson@cybercorp.com or Trimedia Andy Yemma, 212/888-6115 ayemma@trimediapr.com

To: agent99 who wrote (8289)	7/9/2000 11:32:43 PM
From: TFF	Read Replies (1) \| Respond to of 12617

Top Ten Signs Your Broker Is In A Panic: late-show.com late-show.com

To: agent99 who wrote (8289)	8/1/2000 12:15:36 AM
From: TFF	Read Replies (2) \| Respond to of 12617

Memorable Quotes from Wall Street (1987) [In Bud's new office.] Marv: Very nice. So what is it, Mr. Cocksucker now? -------------------------------------------------------------------------------- Gekko: Lunch is for wimps. -------------------------------------------------------------------------------- Bud Fox: I'm tapped out Marv. American Express' got a hit man lookin' for me. -------------------------------------------------------------------------------- Gekko: When I get a hold of the son of a bitch who leaked this, I'm gonna tear his eyeballs out and I'm gonna suck his fucking skull! -------------------------------------------------------------------------------- Carl Fox: Stop going for the easy buck and start producing something with your life. Create, instead of living off the buying and selling of others. -------------------------------------------------------------------------------- Gekko: The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. -------------------------------------------------------------------------------- Gekko: You're walking around blind without a cane, pal. A fool and his money are lucky enough to get together in the first place. -------------------------------------------------------------------------------- Bud: How much is enough? Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another. -------------------------------------------------------------------------------- Gekko: Mixed emotions, buddy. Like Larry Wildman going off a cliff in my new Maserati. -------------------------------------------------------------------------------- Bud Fox: Sun-tzu: If your enemy is superior, evade him. If angry, irritate him. If equally matched, fight, and if not split and reevaluate. -------------------------------------------------------------------------------- Lou Mannheim: Man looks in the abyss, there's nothing staring back at him. At that moment, man finds his character. And that is what keeps him out of the abyss. -------------------------------------------------------------------------------- Lou: The main thing about money, Bud, is that it makes you do things you don't want to do. -------------------------------------------------------------------------------- Bud: If you step out that door, I'm changing the locks. -------------------------------------------------------------------------------- Bud Fox: Life all comes down to a few moments. This is one of them. -------------------------------------------------------------------------------- Gordon Gekko: If something's worth doing it's worth doing for money. -------------------------------------------------------------------------------- Gekko: I'm gonna make you rich, Bud Fox. -------------------------------------------------------------------------------- Gekko: I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. -------------------------------------------------------------------------------- Gekko: I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought. -------------------------------------------------------------------------------- Gekko: If you need a friend, get a dog. -------------------------------------------------------------------------------- Gekko: Greed - you mark my words - will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A. -------------------------------------------------------------------------------- Gekko: The most valuable commodity I know of is information. -------------------------------------------------------------------------------- Gekko: Greed captures the essence of the evolutionary spirit. -------------------------------------------------------------------------------- Gekko: I look at a hundred deals a day. I pick one. -------------------------------------------------------------------------------- Gordon Gekko: You see that building? I bought that building ten years ago. My first real estate deal. Sold it two years later, made an $800,000 profit. It was better than sex. At the time I thought that was all the money in the world. Now it's a day's pay. -------------------------------------------------------------------------------- Bud Fox: Why do you need to wreck this company? Gordon Gekko: Because it's wreckable, all right? -------------------------------------------------------------------------------- Gordon Gekko: The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works. -------------------------------------------------------------------------------- Gordon Gekko: Ever wonder why fund managers can't beat the S&P 500? 'Cause they're sheep, and sheep get slaughtered. -------------------------------------------------------------------------------- Bud: This is really a nice club, Mr. Gekko. Gekko: Yeah, not bad for a City College boy. I bought my way in, now all these Ivy league schmucks are sucking my kneecaps.

To: agent99 who wrote (8289)	8/1/2000 1:40:21 PM
From: TFF	Read Replies (2) \| Respond to of 12617

MB Trading Selects Instinet Corp. for Trade Clearing Services Business Editors EL SEGUNDO, Calif.--(BUSINESS WIRE)--Aug. 1, 2000-- Deal with Instinet Clearing Services Inc. (ICS) Enhances Quality of Service and Increases Trading Functionality for Online Investors MB Trading Inc., a premier direct access online broker, today announced that its broker-dealer Terra Nova Trading, L.L.C. has selected Instinet Clearing Services Inc. (ICS) as its clearing firm. ICS is an affiliate of Instinet Corp., one of the world's largest agency brokers and a wholly owned subsidiary of Reuters Group PLC (Nasdaq:RTRSY). The agreement provides MB Trading's extensive client base of online investors with dramatically improved clearing service, as well as significant new investing opportunities. "We are extremely excited about partnering with ICS. The company's expertise will allow our clients to monitor their accounts efficiently. With detailed information, provided in a simple format, our clients will have increased knowledge about the status of their trading activities," said Ross Ditlove, co-founder and partner of MB Trading. "Instinet was selected based on the company's leadership position in the e-securities marketplace, profitability, capitalization and solid reputation -- as well as its assurance of providing top quality service, which supports MB Trading and Terra Nova Trading's ongoing commitment to provide the best possible solution for our clients." Daniel Rosenthal, CEO of Instinet Clearing Services Inc. commented, "Active traders demand sterling accuracy and stability in their account processing services, and Instinet Clearing Services delivers precisely that. Individual traders and institutional investors alike can count on exceptional handling of this mission-critical need." Launched in 1997 in El Segundo, Calif., by institutional brokers, MB Trading offers a powerful, real-time software solution for clients who demand the highest level of service, reliability and speed for their order entry and trade executions. They provide a level of sophistication to their clients that far surpasses the more traditional forms of brokerage or online trading systems. More than 3,500 individual and institutional active traders use MB Trading's services, whether online, at the office or at home. ICS provides post-execution services and financing to various Instinet execution and customer facing brokerage operations as well as to non-affiliated third party firms. Presently, the ICS offering includes trade allocation, custody and settlement for the institutional community, as well as margin, customer accounting, cash management, and non-equity products for the retail brokerage community. The risk of loss in electronic day trading can be substantial. You should therefore consider whether such trading is suitable for you in light of your circumstances and financial resources. MB Trading Inc. is a branch of Terra Nova Trading, L.L.C, member NASD, SIPC and PSE. 2000 MB Trading.