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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: Philip R Berber who wrote (1510)11/23/1998 12:35:00 PM
From: TFF  Read Replies (1) | Respond to of 3216
 
Any plans for a mirc help room? Seems to work well for MBT.



To: Philip R Berber who wrote (1510)11/23/1998 4:36:00 PM
From: Dan Swartzendruber  Read Replies (1) | Respond to of 3216
 
Phillip, I'd be glad to consider you if your rates were more competitive. The monthly charge is fairly typical, as is the per ticket charge. However, most competitors either have a lower per ticket cost, or waive the monthly charge at a much lower level (e.g.
25 to 50 tickets).



To: Philip R Berber who wrote (1510)11/23/1998 5:56:00 PM
From: Chris land  Read Replies (1) | Respond to of 3216
 
<<<<Combined, CyBerTrader executes around 200,000,000 shares per month
There are now over 600 full time professional day traders who trade within any one of the 55 trading rooms in 40 cities around the country. Plus over 200 day traders and active investors who access the technology online – via the Internet, Intranet and Frame Relay technologies. >>>

I calculate 200,000,000 divided by 800 traders = 11,905 (averaged) shares per person per day. Based upon a normal trade of 1,000 shares I don't see the average trader getting close to having the monthly fee waived, but I do sense the pressure. Are there plans to reduce it in the near future?

Chris