Sidebar: A Brief History of ETrade

1982: Bill Porter, a physicist, inventor and entrepreneur, develops VAX-based back-end technology that will later be used to launch the Web site.

1983: The company launches its first online trade over a network via CompuServe.

1992: ETrade begins offering online brokerage services directly to individual investors through several online services.

1996: The company launches the Web site. Shares of ETrade Group go public.

1998: rearchitects to a three-tiered system -- Web front end, middleware, database back end.

2001: The company begins migration to Linux/Intel servers from Sun Solaris.

2004: ETrade wins Keynote Performance Awards for online trading for "best transaction speed" and "best transaction reliability." Company considers further migrations to open-source for its middleware and database.

Copyright © 2004 IDG Communications, Inc.

It’s time to break the ChatGPT habit
Shop Tech Products at Amazon