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Monday, October 22, 2007 9:18:25 AM
I then asked him about Trader and Efinix and the scheduled roll out of these platforms; he said the issuance of Trader is tricky as it is determinant on factors such as the current broker dealer relationship he had. I said who? and replied, "Legend Securities" and others they are currently pursuing. I thought to myself, good answer. Tell me more I said, he continues by saying that Legend is currently implementing and coordinating the Ifinix Trader platform for use and ironing out the contractual lease/ fee arrangements that are amicable to both parties. This is a time consuming process he adds. I then asked him "as an inexperienced L2 trader what do you suggest I do to learn L2 so I can use your platform?" He then talked about the learning seminars that will be offered as stated in the previous PR. He said this will not happen until Trader is released.
He then touched on Efinix which is a stripped down version of Realtime. I then asked him if I could have a look. Happy that I was so inquisitive for a non share holder/ passer by,:p he showed me a developmental version of the software which was not ready for release. After this talk I concluded that Efinix was the next platform to be issued, before Trader as it needs more time for the reasons mentioned above.
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