Society National Bank Bumps ADP, Gives Modest Contract To Quotron

THIS WEEK'S LEAD STORIES

Society National Bank has begun installing Quotron Systems Inc. quote terminals in the equity sales units at its Cleveland headquarters and nine branch offices. The 40- position installation of Quotron's Q1000 service will replace Automatic Data Processing Inc. Bunker Ramo quote terminals, although Society does have some Q1000s in place.

Society's branch offices are distributed throughout Ohio, Michigan and Indiana. At some of these offices, the installation will represent the first automated

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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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