NASDAQ To Begin Pilot Of PC-Based Trader Workstation; More Value-Added Services For Level II/III


Pilot installations at about 100 sites will begin late next month for NASDAQ's new PC-based trader workstation. NASD has also announced plans to begin what could become real-time quote delivery for thousands of over-the-counter stocks not traded on NASDAQ.

NASDAQ has been developing its PC workstation since last fall and, assuming a successful pilot, will make it generally available to Level II/III subscribers at the end of October, according to Bill Broka, vice president, NASDAQ operations.