InvestorsHub Logo
Followers 16
Posts 1924
Boards Moderated 0
Alias Born 09/16/2006

Re: catani post# 58903

Sunday, 10/05/2008 10:42:42 AM

Sunday, October 05, 2008 10:42:42 AM

Post# of 86716
I guess I figured a little something out...[edited]

while bloomberg tadebook has access world wide, with likely 3-5% of the market share

bloomberg tradebook is world wide,

" An innovator focusing on new opportunities offered by regulatory and technological change, the number of shares traded on the Bloomberg Tradebook platform consistently places Bloomberg Tradebook among the "top three" ECN's for shares traded each trading day. With electronic access to 15 global exchanges and potential clearance and settlement in major markets around the globe -- Bloomberg Tradebook maintains a true global presence."
http://www.prnewswire.co.uk/cgi/news/release?id=62902

also good growth...
http://www.wallstreetandtech.com/story/supp/WST20030117S0004

MOST importantly

"In addition, aggressive pricing by ECNs especially by upstart BATS has drawn significant liquidity from the exchanges, especially smaller orders in the more liquid names. ECNs collectively make up approximately 11% of the US market by volume. BATS has 43% of the ECN market followed by Direct Edge and Bloomberg Tradebook with 35% and 21% of the market respectively."

http://www.lehman.com/who/intellectual_capital/pdf/dark_pools.pdf

I believe in 1999, they had 110000 terminals with 3000
tradebooks.

"Still, of the 110,000 Bloomberg terminals spread around the globe, only 3,000 have a Tradebook component. All told, Tradebook has about 350 customers. About 75 of them are broker dealers, while the rest are institutional accounts"

another interesting quote from this article in 1999:

"Bloomberg says the volume of equity trades executed on Tradebook is growing by ten percent monthly. Tradebook's share of Nasdaq volume, however, is still less than one percent, compared with Instinet's 13.6 percent as of February 28, according to the National Association of Securities Dealers' economic-research unit. (Bloomberg disputes these figures, saying its market share is 3.5 percent, based on an average of 35 million shares executed daily.) Like Instinet, most of Tradebook's volume is for Nasdaq trades."



http://www.tradersmagazine.com/issues/19990430/355-1.html?type=printer_friendly

assuming we now have 300000, then I would expect about 9000 customers of which spooz will be targeting, and I suspect a vast majority of those will want what spooz has.

so folks, my educated guess is that this will likely yield 3-4500 sales of spooztoolz...

you do the math!

just my opinon and dd.

so what does 3-4500 sales per month equal in terms of share price??

3000 X 500 X 12 months = 18 million dollars
18 million X 10:1 PR ratio = 180 million
180 million / 5 billion shares = 0.036
folks, I hope we are there in 6 months!