At 12:01 AM 7/30/99 +0000, you wrote:
>
>Is this a business model for an independent Net?
No, ICANN - NYSE; the ifwp consensus model is more
like NASDAQ.
>=========
>
> NETWORK = STOCK EXCHANGE?
>Issue: Ecommerce
>
>Chicago-based Archipelago announced yesterday that it will apply
>with the US Securities and Exchange Commission by August 1 to
>convert its electronic trading network into a self-regulated stock
>exchange. Electronic communications networks (ECNs) like
>Archipelago electronically match stock sellers and buyers and tout
>their ability to make trades more quickly and cheaply than
>traditional stock exchanges by cutting out a middleman, Zajac
>writes. 20% of trades on the Nasdaq stock market, for example,
>are executed by ECNs. But systems like Archipelago have not
>been able to get their prices published in national quote systems
>shared by stock exchanges: "It seems to us that the only way to
>break through this barrier is to become an exchange," said
>Archipelago CEO Gerald Putnam.
>
>[SOURCE: Chicago Tribune (Sec 3, p.1), AUTHOR: Andrew Zajac]
>(http://chicagotribune.com/business/printedition/article/0,2669,SAV-
>9907280135,FF.html)
>
>
>
--
Richard Sexton | [EMAIL PROTECTED] | http://dns.vrx.net/tech/rootzone
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