BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

Hold Your Horses Dept.: Reports that Securities and Exchange Commission is studying feasibility of converting stock quotes to decimals from fractions are premature. Reports claimed Securities Industry Automation Corp. had been asked to study cost of switchover. But sources at SIAC say issue was opened and closed at recent Intermarket Trading System operations meeting; no request for study followed.

Musical Chairs Dept.: "Top executives from all major data vendors" are seeking greener pastures

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