| Surge of Online Trading Tests Internets Capacity
2.13 p.m. ET (1913 GMT) January 16, 1999 By Bruce Meyerson
NEW YORK — Once again, the rush to cyberspace has proven too much for
the Internet to handle.
In much the same way that America Onlines network was snarled by
enthusiastic new customers two years ago, online brokers, including
industry leaders Charles Schwab and E*Trade Group, have been plagued by
delays in filling customer orders amid a crush of trading. |
|
SEP 26 1999 The Straits Times
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More to online trading than meets the eye
First it was personal computers, then mobile phones, and now even
public phones can be used for trading
Todays professional wants service anytime, anywhere, anyhow. CORNELIA
TAN looks at the options available to the technology-savvy consumer. |
| 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. |
| 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 |
| One reason why online traders may not be lashing out is that, despite
the assertions of full-service brokers, theres little difference
between waiting to make a trade online and waiting to make a trade by
telephone. |
