Pink Sheet Company Is Seeing More Black An Old-Fashioned Marketplace Is Going High-Tech

From Traders Magazine, March 1999 issue Lured by the benefits of using digital technology instead of paper for publishing its stock quotes and obviously eyeing more subscribers the National Quotation Bureau’s (NQB) Pink Sheets are being automated. Beginning next month, the 3,000 companies traded on the Pink Sheets a subset of the non-Nasdaq over-the-counter market … Continue reading Pink Sheet Company Is Seeing More Black An Old-Fashioned Marketplace Is Going High-Tech

Nasdaq Prepares for Web Market Making: Pilot Program Is Prologue to Trading-Cost Reductions

From Trader’s Magazine, October 1998 issue Nasdaq will learn next year just how well an Internet-based market-making trading system performs. Several Nasdaq trading desks are among the guinea pigs for a pilot program aimed at testing the reliability and security of the Internet-based successor to Nasdaq’s Level II workstation. And the results of the pilot … Continue reading Nasdaq Prepares for Web Market Making: Pilot Program Is Prologue to Trading-Cost Reductions

Bright Side of Upheaval In Order Management: BRASS, the Industry Standard, Faces Competition

From Sept 1998 issue of Traders Magazine Ten years ago, Automated Securities Clearance was a small but pushy software company that competed for order-management business with TCAM Systems. How times have changed. Weehawken, N.J.-based Automated is no longer an upstart, peddling its core BRASS system and order-routing services. BRASS now overshadows the rival product of … Continue reading Bright Side of Upheaval In Order Management: BRASS, the Industry Standard, Faces Competition