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

THIS MONTH'S LEAD STORIES

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. The

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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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