BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

New York Stock Exchange is awaiting results of survey sent to quote vendors who participated in November 12th overnight "stress test" designed to replicate volume of October 19th-20th, 1987 (MTR, November 1988). SIAC's goal is to make 600 million share day as easy as 225 million. "That was very much a success, but then we stressed it beyond that" to one billion share level, says Tom Haley, NYSE vice president, market data services. Somewhere above 600 million, certain unidentified vendors be