'Staid' Britons share the online profits
Article Abstract:
There are currently around 20,000 people in the UK involved in Internet share dealing, according to Fletcher Research. There will be an estimated 150,000 online accounts by the end of Mar 2000, according to online brokerage E*Trade UK, rising to around 360,000 by 2002. Market growth is likely to be boosted by competition between E*Trade and market leader Charles Schwab for new online clients. Online traders account for only a very small proportion of the estimated 12 million shareholders in the UK, but there are signs that they will become very influential.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Digital trading - a gem of an idea?
Article Abstract:
Online trading has the potential to offer an extremely efficient market-place, but this potential has not yet been fulfilled. Indeed, the inefficiencies of the high street are merely being recreated in cyberspace, and Internet trade is being concentrated among a small number of large sellers. Auction sites are more convenient than using small ads, but are still complex and expensive to use. It is worth considering a system of Guaranteed Electronic Markets, in which each transaction would be supported by government in the country of operation.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Justice will be done in the virtual courtroom
Article Abstract:
It will eventually be possible to obtain legal advice at little or no cost via the Internet. This will make legal services much more accessible for ordinary people, especially those who merely require standard services. Law firms will have to respond to these changes, possibly by employing more information technology specialists. It is also possible that the use of information technology will extend to the courts, with monitors being used to display evidence.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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