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LAX Board of Trades

Note: The following information has not been updated by the vendor since 12/22/99.

Address:9903 Santa Monica Blvd. Suite 392
Beverly Hills, CA 90212
Phone # for sales: 310 289 2352
Fax: 310 286 0500
E-mail address: d.j.schwartz@worldnet.att.net

CATEGORY: EXCHANGES

Exchange Attributes | General Exchange Information | Operations and Manangement | Protective Systems |
Liquidity

Exchange Attributes TOP

Name of exchange: LAX Board of Trades
Acronym(s) for exchange: N/A
Brief description of exchange: 

First fully domestic Internet screen based on line, real time fully electronic and computerized securities and futures exchange using the proprietary Electronic Trading System, Inc. fully developed Internet proprietary software application and hardware. (In SEC and CFTC approval process) More advanced than Optimark, Instinet, Posit, NYSE, and/or any other Exchange in the world, while being robust, secure, reliable, program trading capabilities, alliances with the biggest news and delivery vendors in the world, user friendly, unlimited capacity, remote access,, and most importantly, cost effective.
Trading day begins for this exchange: 24 hours
Trading day ends for this exchange: 24 hours
Do the trading day hours differ for any of the issues or contracts traded at this exchange?: No
Types of stocks and/or commodities this exchange cover(s): 
  • Stocks
  • Options
  • Bonds
  • Commodities
  • Currencies
  • Other

General Exchange Information TOP

Free information on the stocks and/or commodities listed at your exchange available: No
Securities are traded in this manner at this exchange: 

Fully electronic and computerized.
This exchange protects public investors by: 

Arrangements are being made with the SIPC, SEC, and the world's largest banks and clearing houses to guarantee all trades.

Operations and Manangement TOP

This exchange is owned and operated by: 

Various consortium of investment groups. Will be on of the first for-profit domestic and international fully electronic Internet stock and futures exchange.
This exchange is governed by: 

The exchanges may be governed by U.S. SEC and CFTC, International governments, and offshore locations, depending on the type of exchange set up. We are currently planning 6-10 different exchanges in different countries to trade different products.
The requirements to be listed on this exchange can be seen at this URL: Contact the company for future listing requirements.
Number of current issues or contracts traded at this exchange: For a preview, look at the EASDAQ website.
A list of the current issues or contracts traded at this exchange can be seen at this URL: Contact company for future issues and/or contracts.

Protective Systems TOP

These protective systems are in place during a system failure: 

Fully secure fault tolerance mechanisms in place. All trades are recorded permanently for priority of orders, and audit trails for brokerage, exchange, clearing, and governmental audit protection.

Liquidity TOP

Average open interest(contracts) or average trading volume(shares) on this exchange (daily): N/A
Standard deviation regarding the open interest or trading volume at this exchange: Contact company

Exchange Attributes | General Exchange Information | Operations and Manangement | Protective Systems |
Liquidity

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