NASDAQ Boxes Debut In City As Trading Capacity Expands


The National Association of Securities Dealers is installing its first quote terminals in London and boosting its trading capacity.

NASD has received seven orders for Level 3 NASDAQ terminals in London and expects 13 more by year-end, says Richard Justice, executive vice president, automation. The first Level 3 units -- which allow market makers to enter bids and offers -- will be shipped this month.

The U.K. terminals will offer the same service available in the U.S., including NASD's small

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