I got sun-burnt from sitting in the shine of my own glory :o) Serious, the clearing platform is the thing that makes your 'form' work. Of course, it does a bit more than that, but taken down to it's simplest funtion, then a clearing system is exactly what you described.
Now, imagine that members of the 'pools or funds' would be able to deposit into a 'brokerage' account which in turn credits the member's account and passes the funds straight through to DBourse. The imagine brokerages are starting deal directly with and for their clients. One wants to buy 15 shares at 110gg another wants to sell 20 at 108gg or better. The brokerage gives 15 of the 20 to the buyer, pockets the difference and places the remaining 5 shares on the open market. All this is tedious, prone to human error and so not error-related disappointments which wasn't necesary if a clearing platform was inn place into which proprietary trading desks could be plugged. I better go and get some sun screen and an umbrella before the nay sayers log in. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
