A room with a view to making a killing

According to Wright, speaking at the launch of The Dealing Room today, most of the organisation's founding members are lunchtime traders who are unable to freely access share-trading websites during lunchtime.

The Dealing Room is a single office located on Sydney's Bridge Street -- across the road from the Australian Stock Exchange -- in which online marketeers are able to conduct trades in an open discussion environment for a monthly fee of $95. Members are given access to international share market feeds and onsite practitioner insight, Wright said.

The company has no plans to offer its own broking facilities, but hopes to attract internet brokers to the premises to discuss trading opportunities with members.

Wright was quick to distinguish The Dealing Room from more casual online trading environments. He argued that his organisation offered a diversity of knowledge and was a 24-hour operation typically unattainable by casual traders. Members were able to freely discuss trading opportunities with specialists in overseas trading and had access to market feeds worth as much as $1000 per month, Wright said.

The Dealing Room office currently houses five PCs, and expects to soon add another 12. Wright said the organisation already has 40 members, and he expects membership to pip the 500 mark by the end of the year. He said the company planned to expand its premises when membership approached the 200 mark later this year.

The company was currently funded by seed capital provided by private traders, and, ironically, had no plans to list publicly, Wright said.

Join the PC World newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Byron Kaye

PC World
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?