To: Janice Shell who wrote (15471 ) 10/13/1998 11:41:00 PM From: Kevin Clarke Read Replies (2) | Respond to of 43774
Janice....In response to Reason #4 Insider Trader? What's the big deal? Just one of many. Can you tell me which other Trading System offers these benefits.....Insider Trading offers a securities trading system which employs state-of-the-art computer hardware and software to instantly provide investors real-time market data and an extremely fast order execution system. Originally developed for the high-end, large volume trader, this innovative system is a point-and-click client-server application accessible via the Internet and through Local/Wide Area Networks to capture the audience of the individual investor. Insider Trading's enhanced Internet application provides immediate execution on the NASDAQ as well as listed exchanges. Internet orders are routed directly to the exchanges enabling trade execution and confirmation of orders in a matter of seconds. No more routing orders to third party intermediaries. Our Approach to the Online Industry As a vehicle for the individual investor, the Internet presently provides a means to enter orders and retrieve quotes. Most securities trading systems currently available do not meet the requirements of the sophisticated investor. While traditional businesses are just beginning to realize the unlimited growth potential and profitability of the Internet, Insider Trading offers an all-inclusive package, providing: Real-time quotes, News, Charts, Historical Data, Time and Sales, Portfolio Management, Tickers, Level II Market Maker and Exchange Data, and An Extremely Fast Order Execution System Enabling Investors by means of ECN. Electronic Communications Network allows Insider Trading's investors to post bids and offers that are displayed throughout the financial community. Individual investors are beginning to make their own investment decisions. Insider Trading recognizes that the individual investor's main goal is a lower commission charge. Insider Trading strives to maintain competitive pricing while educating its targeted market to the true savings achieved by providing the investor with the ability to execute trades between the spread. Insider Trading is dedicated to bringing the most technological advanced trading system to the individual investor. Industry Overview The brokerage industry provides financial services to the individual investor including trading stocks, bonds, mutual funds, money market accounts, IRA's, asset management, and providing investment and market research. Full service brokers provide recommendations as to which stocks, bonds, commodities, and mutual funds to purchase or sell. Many also offer advice on financial planning, tax shelters, new issues of stock, and portfolio management. These brokers tend to charge the highest commission rates, which the clientele generally are not concerned about the costs. Discount brokers do not provide advice, however they execute orders to buy or sell securities for the individual investor. Discount brokers charge commission 10% to 90% lower than full service brokers. Online trading further reduces commission charges due to the elimination of human interaction required by full service brokers and discount brokers. There are over 25 online brokerage firms today, and the number will continue to increase over the next few years. Insider Trading offers to its clientele what no other firm can offer: Hardware and software technology, Business and Marketing Strategies; Excellent Customer Service Support; and, Superior Management Team to oversee the growth and expansion of Insider Trading........... and can you tell me if you have tried Insider Trader as yet? My point is that I am looking to bypass a broker and want to find the best Trading System available and thought maybe Insider Trader may be what I was looking for, until you brought up this valid point. I'd like to checkout the other systems you are referring to and make a comparison before I make my final decision Thanks