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Minddoc7

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Minddoc7

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Monday, 04/16/2001 10:37:17 PM

Monday, April 16, 2001 10:37:17 PM

Post# of 92667

Short Take: Online stock trading to mushroom
By Staff, Singapore.CNET.com
Monday, April 16 2001 12:30:16 PM

SINGAPORE--Online deals constitute just 9 percent of the total number of shares traded currently, but the Singapore Exchange expects the figure to mushroom to 40 percent of the market in the next two years. Last year, online trades formed just 3 percent of the volume done.
Online trades enjoy benefits like lower commissions, and 24-hour trade input from across the globe. At present, 19 local stock brokers offer the service, The Business Times reported.



" Success seems to be largely a matter of hanging on after others have let go." ~ William Feather

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