Choke Points are the Weaknesses of Online Trading

by SEC
Online trading is not always instantaneous.
Investors may find that technological "choke points" can slow or prevent their orders from reaching an online firm. For example, problems can occur where:
* an investor's modem, computer, or Internet Service Provider is slow or faulty;
* a broker-dealer has inadequate hardware or its Internet Service Provider is slow or delayed; or
* traffic on the Internet is heavy, slowing down overall usage.
A capacity problem or limitation at any of these choke points can cause a delay or failure in an investor's attempt to access an online firm's automated trading system.
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