| 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. |
| To continue on with this, wasnt there just some report submitted
to Congress on gambling in America, and what might need to be done
to curb it? As I recall, I dont think anything was said about
frequent online trading, but dealt with the spread of casinos,
lotteries, horse racing, etc. |
| The growth of trading on the Internet has been phenomenal and its hard
for (online brokerages) to shut off the faucet. When someone wants to
open an account, its hard to say, No, we dont have capacity for a new
account, said Junius Peake, a professor of finance at the University
of Northern Colorado in Denver. |
