To: Manfred who wrote (36328 ) 12/30/1998 10:19:00 AM From: songw Respond to of 119973
FRTI to offer Online Trading 1 January Track Data :TRAC and Track Securities Corp. announces plans to provide myTrack users with on-line trading service TRAC rocketing on the news- But there is one financial information company that the market has missed entirely -that plans to offer online brokering next week . FRTI Freerealtime.com, quietly announced in October that it would begin offering online trading 1 January 1999, next week- "Freerealtime.com Allies With FarSight Financial Services LP to Provide Online Brokerage Services Deal Valued at $24 Million Over First Three Years LOS ANGELES--(BUSINESS WIRE)--Oct. 29, 1998--As a part of its continuing strategy to become a ''single-source'' provider of online financial services, Freerealtime.com Inc. (OTC/BB:FRTI - news), a leading branded provider of online quote services, Thursday announced that it has signed an agreement with Cambridge, Mass.-based FarSight Financial Services LP, a member of the D.E. Shaw & Co. group of companies, to have FarSight Financial LP provide comprehensive brokerage services for its expanding membership. The deal has projected revenue of $24 million over the first three years. Planned to commence operation on Jan. 1, 1999, the new online brokerage service will incorporate many innovative features not presently available to Freerealtime.com customers, including real-time account updating and a fully integrated offering of financial services. Customers of the 24-hour online service will enjoy Internet and telephone orders on all stocks and over 5,000 mutual funds, and have access to online bill payment, check writing and debit card services. A full complement of innovative research tools will be available through a new, user-defined interface designed for both the individual and professional investor. ''We are adding this full-featured brokerage service through our alliance with FarSight Financial LP because our members have consistently told us they wanted a one-stop Web site for all their personal finance needs,'' said Brad Gunn, president of Freerealtime.com. Freerealtime.com (www.freerealtime.com) is a specialized investment information services and media firm providing an array of stock market data, business information and sophisticated research, analysis and management tools for analysts, institutional investors, brokers, individual investors and selected resellers. Since launching its Web site in February 1998, over 120,000 users have registered at www.freerealtime.com, which currently generates 40 million page views per month. " FRTI trading 5s on the nasd bb biz.yahoo.com