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

To: LPS5 who wrote (8358)	8/1/2000 7:34:15 PM
From: TFF	Respond to of 12617

Southwest will soon lose one of its largest customers, a daytrading firm that sends its orders to Southwest. Terra Nova Trading, a Chicago-based daytrading firm that's one of Southwest's largest customers, will leave when its contract ends in September. It'll switch to Instinet, a Reuters' (RTRSY:Nasdaq ADR - news) division. Southwest's Glatstein declined to comment on customer relationships. One of Southwest's other large customers, daytrading shop Tradescape, also says it's weighing whether to stick with Southwest. Tradescape CEO Omar Amanat says the contract is up in August and his firm is still negotiating as it looks for low-cost clearing. thestreet.com