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Business, general

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Trading in bonds on line at least; signals of revolution for a huge market

Article Abstract:

The bond market has come around slowly to online investors with the issuance last week of a Pennsylvania School District's first online sale. The switch to online trading has been slow because the bond market is structured differently than the stock market in that it does not have a central clearing house such as the NYSE and sales are conducted through a variety of networks. Initially individual investors will not see great deals in the market as they must pay higher transaction fees than they would for a similar transaction on the stock exchange through a discount online securities service.

Author: Hershey, Robert D., Jr.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Public & Private Bonds, Innovations, Forecasts and trends, Marketing, Industry trend, Securities industry, Science and technology policy, Credit market, Credit markets, Municipal bonds

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Electronic middleman for mortgages; on-line service lets borrower initiate deal

Article Abstract:

The Tower Group calculates that in 2 years 10 percent of first mortgages, annually a $1 trillion market, will be transacted online. Services such as Priceline.com allow a user to put their terms out to bid to several lenders, by entering information into a form at a Web site and putting up a deposit with a credit card. Near term, first time borrowers will still prefer to get help from a mortgage broker. Online users must bring their own sense, whether from research or experience, that a loan offer is competitive.

Author: Hershey, Robert D., Jr.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
Videotex & Teletext Svcs NEC, Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Online information services, Mortgage banks, Online information service

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Storing your life in a virtual desktop; Web-based storage and software reinvents an old idea, the network computer

Article Abstract:

Some Web sites are offering Internet users space on a hard drive to store files and calendaring and email services, so that these users could work from any Internet-connected PC. Some observers see services like this as revitalizing the network computer market. While the service may have appeal for travelling office workers, home users with slower Internet connections may be leery of storing their personal data remotely.

Author: Guernsey, Lisa
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
Electronic computers, Statistical Data Included, Usage, Computer industry, Product development, Network computers, Network computer, Information appliances, World Wide Web, Internet/Web technology

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Subjects list: United States, Services, Online services, Internet services
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