Interstate/Johnson Lane Joins The Move To ADP From Quotron

THIS WEEK'S LEAD STORIES

Interstate/Johnson Lane Corp. has signed a six-year, multi- million-dollar agreement with Automatic Data Processing Inc. to install more than 800 FS-Partner terminals at its 60 branches, replacing Quotron Systems Inc. as its firmwide quote vendor. The firm's decision was announced as Bear Stearns & Co. and Oppenheimer & Co. said that they too were switching to ADP from Quotron for the supply of about 4,000 quote terminals between them (IMD, July 23).

The 5,000 terminals the three firms will r