BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

PC Quote Inc. reported net loss of almost $400,000 for first quarter on revenue of $2.5 million. Recent Street talk has suggested company, partly owned by Bridge Information Systems Inc., is ready to close doors. PC Quote also cut its staff by 18 percent on March 31. But in statement, company said staff reductions, coupled with continued focus on expense reductions, is expected to result in profitability by year end.

Mabon Securities Corp. has joined Thomson Financial Networks Inc.'s First Call

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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