| Ive pretty much assumed that if theres a bum rush going on in the
market that theres going to be a (trading) bottleneck because the
overall Internet will be bogged down, said Keith Christensen of
Wappingers Falls, N.Y., a customer of the online brokerage DLJ Direct. |
| FRTI trading 5s- to Offer Online Trading January 1 TRAC trading as high
12on news that it will offer online trading -following the lead online
broker rockets NBD and SIEBs , both of which have doubled this week on
increasingly excitment over the sector
http://biz.yahoo.com/bw/981230/track_data_1.html |
| Even before the recent spate of slowdowns and system outages, most
online brokerages had been continually upgrading their networks to
handle the growing traffic. |
| I ask this because of the flood of commercials I see for online
brokerages. Some are quite funny, like that Ameritrade one
where some person working at a business photocopying his face
teaches his boss how to online trade, but others seem to promote
online trading, mainly frequent or day trading, as ones key to
a secure financial future. |
| Online brokers have thus far averted the type of outcry directed at AOL
in late 1996 and early 1997, when the online network was swamped by new
members enticed by a new monthly plan featuring a flat rate and no time
limits for use. |
