Raymond Bell has left his position as managing director of market data for the American Stock Exchange (Amex). Replacing him is Kerry Baker. Before joining Amex in 1997, Bell was assistant director of the Financial Information Services Division of the Information Industry Association. He joined the FISD after seven years at Nasdaq, where his last post was senior account executive for trading and market services.

Ron Rose left McGraw-Hill's Standard & Poor's division last week where he was chief

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