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Subject:  Re: Hate your broker? Date:  2/8/1999  4:10 AM
Author:  jambrose Number:  10028 of 50512

Although I have yet to take the dive into online trading (Datek doesn't accept accounts yet to people from my state!), I find this thread of great interest.

It would seem to me that a company could design some client side software that had a good interface and handled all the tasks you perform on a web page. This piece of software would communicate, via the Internet, directly to the company's server. The information transmitted would be minimal and would speed up transactions time, and allow more users to be online at one time. Eliminating, as much as possible, the web browser.

This piece of sofware could handle all sorts of tasks. From the actual traded, to graphing and charting. It could also receive confirmations of complete trades and automatically notify and/or print the confirmation.

The web is great for reading news and whatnot, but for real-quotes and time critical trades, the web seems to be the wrong tool. The idea of a dedicated, stand alone software package comminication via the Internet seems much more resonable.
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