Sherwood Moves To Real-Time For Trading OTC Securities

THIS WEEK'S LEAD STORIES

Sherwood Securities Corp., the New York-based wholesale firm, is making final preparations to go live with a real-time trading system for over-the-counter equities.

Sherwood currently offers its customers, which are other broker/dealers, an automatic execution service under the name of Market Maker.

The Midwest Stock Exchange acts as a service bureau for the auto-ex service, but during the first week of February, Sherwood plans to cut over to a new version of Market Maker built with the help of

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