New on-line broker promises better prices for investors
Article Abstract:
CyBerCorp will introduce CyBerXchange, a new Internet-based trading system that will electronically route investors to the trading site offering the best price. The Austin, TX-based company will not accept payment for order flow. Philip Berber, the CEO of the company, stresses that other brokerages fail to provide their clients the best price because they would choose to sell to a third party to earn extra income.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
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Comment about this article or add new information about this topic:
New on-line broker promises better prices for investors
Article Abstract:
CyBerCorp will introduce CyBerXchange, a new Internet-based trading system that will electronically route investors to the trading site offering the best price. The Austin, TX-based company will not accept payment for order flow. Philip Berber, the CEO of the company, stresses that other brokerages fail to provide their clients the best price because they would choose to sell to a third party to earn extra income.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Microsoft rallies despite uncertainty
Article Abstract:
Stocks of Microsoft Corp fell but rebounded later after the ruling that it was a monopoly. Its stock price fell by 6 7/8 at the start of trading on Nov 8, 1999 and closed at $90 at the end of trading, down 1 5/8 from its closing price on Friday, Nov. 5. While the price decline was due to investors' uncertainty, analysts say its recovery was due to the realization that the case would take years to resolve.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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