Institutions Cautiously Exploit the 'Net As Brokers Embrace IP, Java & the Web

IP & INTRANETS

NEW YORK--While institutions in 1998 had reservations about using the Internet for trading, a variety of brokers have quickly embraced IP-based and related technologies that will help them offer new services to their clients.

Concerns over security and performance have made large institutions risk-averse when it comes to the Internet. While brokers are also worried about those issues, they have shown a greater tendency to use the Internet, intra- and extranets to broaden the range and improve the

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