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


To: William W. Dwyer, Jr. who wrote (1711)1/13/1999 4:12:00 PM
From: wily  Read Replies (1) | Respond to of 3216
 
Bill,

I was just about to ask you how Cyber was holding up in these heavy volume days when I saw your last post. BTW, who does Cyber get their data from? Also, can you tell me what their fees are for large trades? For example, how many shares can you put on one ticket, or is there no limit?

Thanks,
wily



To: William W. Dwyer, Jr. who wrote (1711)1/13/1999 6:35:00 PM
From: Eric P  Respond to of 3216
 
Bill:

Sorry to hear about your problems today with delayed data. It doesn't sound like a good start for Cybertrader's new price servers that were announced recently:

"CyBerCorp Breaks Monopoly With Introduction of Price Server"
12:13 p.m. Jan 05, 1999 Eastern

AUSTIN, Texas, Jan. 5 /PRNewswire/ -- With a flip of a switch on January 4, CyBerCorp, Inc., an electronic trading technology and brokerage services company, began operating on its own price server, which means CyBerCorp will be among the fastest in the industry at transmitting data. A price server is a program that acts as an interface between the market data feed and the trading application.

The announcement also heralds the breaking of a monopoly in the price server market, which was previously dominated by Townsend Analytic of Chicago, Ill.

"This breaks a monopoly, extends our proprietary territory and at the same time improves the range of brokerage services that we can offer to our customers," said Philip Berber, Chairman and CEO of CyBerCorp, Inc. "Our price server currently interfaces directly with PC Quote and S&P ComStock data feeds and more are planned."

Individual day traders, who use CyberTrader via the Internet and CyBerCorp's online brokerage (CyBerBroker), will benefit immediately.


I assume by your comments that CyberTrader acknowledges the problem. How do they explain it in light of their new servers? When will they have their problems solved?

Good luck,
-Eric



To: William W. Dwyer, Jr. who wrote (1711)1/14/1999 12:29:00 AM
From: wily  Respond to of 3216
 
bloomberg.com