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SANS PAPER.
- Source :
-
Communications of the ACM . Aug1994, Vol. 37 Issue 8, p9-9. 1/6p. - Publication Year :
- 1994
-
Abstract
- This article reports that a June 1, 1995 federal deadline for the switch to computerized, paperless trading of stocks and bonds has retail investors and securities firms poised for an overhaul that will forever change the way Wall Street operates. It is reported that stock and bond trades that are currently settled within five days will be narrowed to three. A speedier settlement is meant to be a safeguard against a financial collapse.
Details
- Language :
- English
- ISSN :
- 00010782
- Volume :
- 37
- Issue :
- 8
- Database :
- Academic Search Index
- Journal :
- Communications of the ACM
- Publication Type :
- Periodical
- Accession number :
- 9408220125