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At 10:17 PM 6/21/98 -0500, Timothy Morge wrote:
Yes its called TOPS and alot of IB's and CTA's have them in there offices
today.
Robert
>
>Well, one project that I know of will actually allow you to have a
terminal at
>your home or office that literally is an altered Globex II
terminal--Altered in
>the sense that it has internal limits set by your FCM that only allow you to
>trade XX amounts of contracts and have XX open positions. When they are
certain
>this technology is secure enough for them, they do expect to offer it to
some of
>their accounts. This would be the electronic equivalent standing on the floor
>and trading. And no, to this point there has been no consideration of making
>people become limited members. These products are being developed because the
>clearing firms know the day will come when they are looking down the
barrel at
>each other and at that point, thay had better be ready with good systems...or
>they'll lose their quality customers.
>
>Tim Morge
>
>
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