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Lawrence: You may be right-- I read this post
http://biz.yahoo.com/bw/010612/2099.html
from John Lothian and it seemed to indicate that TRAD was about to launch
their auto execute futures brokerage as well.
Regards, Jack.
----- Original Message -----
From: "Lawrence Chan" <stnahc@xxxxxxxx>
To: "Jack Zaner" <jz@xxxxxxxxxxxxxx>; "Bilo Selhi" <citadel@xxxxxxxxxxxx>;
"Omega List" <omega-list@xxxxxxxxxx>
Sent: Wednesday, June 13, 2001 3:18 PM
Subject: Re: TRAD announces autoexecution
>
> It is stock brokerage - just checked their site out.
> They do not have future data yet.
> And do not have exact pricing for future order
> execution.
>
> -Lawrence
>
>
> --- Jack Zaner <jz@xxxxxxxxxxxxxx> wrote:
> > Lawrence: I believe TRAD is referring to futures
> > accounts.
> > Regards, Jack.
> > ----- Original Message -----
> > From: "Lawrence Chan" <stnahc@xxxxxxxx>
> > To: "Bilo Selhi" <citadel@xxxxxxxxxxxx>; "Omega
> > List"
> > <omega-list@xxxxxxxxxx>
> > Sent: Wednesday, June 13, 2001 7:53 AM
> > Subject: Re: TRAD announces autoexecution
> >
> >
> > >
> > > --- Bilo Selhi <citadel@xxxxxxxxxxxx> wrote:
> > > > <snip>
> > > > TRAD announced today that
> > > > the autoexecution part of TS is ready to go...
> > > > 50K min account and commissions are
> > > > from 10-14 bucks per ticket.
> > > > intelligent order routing ( need to be verified
> > )
> > > > clearing thru bear
> > > > not bad at all...
> > >
> > > 50K accounts for trading stocks?
> > >
> > > pure stats from public source (CNBC),
> > >
> > > 60% trading accounts in US are < 10K
> > > 25% < 25K
> > > 10% < 5K
> > > 3% < 10K
> > >
> > > BTW, those who hold accounts of size 50K and
> > above,
> > > 70% of them are retirement fund accounts :)
> > >
> > > The size of the market TRAD is going after is
> > > pretty small.
> > >
> > > Even CyberTrader has a way lower requirement :)
> > > They lower the requirement quite a few times :)
> > lol
> > >
> > > It is tough getting pro trader business these
> > days.
> > >
> > >
> > >
> > > =====
> > > Lawrence Chan
> > http://www.tickquest.com
> > > Home of trading tools NeoBreadth and NeoTicker
> > series
> > >
> > >
> > >
> >
>
>
> =====
> Lawrence Chan http://www.tickquest.com
> Home of trading tools NeoBreadth and NeoTicker series
>
>
>
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