Decimalization Service Unveiled By Primeon As Deadline Approaches
DECIMALIZATION FOCUS
Burlington, MA--With market data managers' attention turning to the industry-wide decimal trading conversion deadline, application re-engineering company Primeon has launched a Decimalization Conversion Service specifically targeted at financial services firms.
Although the switch to decimalized trading is scheduled for June 2000, the Securities Industry Association (SIA) is recommending that testing begin in March 2000, which is approximately 20 weeks away.
According to Carl Giallombardo, vice
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