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Non-Tech : MB TRADING

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To: wily who wrote (5129)	7/19/1999 11:41:00 AM
From: wily	Read Replies (1) of 7382

Just talked to Tom at Nasdaq Trading and Market Services 202/728-8477 He says the trade-reporting delay during the open and at peak times has been going on for about a month. The bottleneck exists in the Nasdaq host processors and they expect a fix to be done sometime in September. He also says, and I am not perfectly clear on this, that once that is done there will still be a bottleneck downstream from the host processors for specific vendors, depending on whether they have upgraded their feed line to Nasdaq. Something about Nasdaq encouraging them to do this but haven't required it yet. Someone more technically enabled could call and get the story better than me. I also encouraged him to have Nasdaq make a press release with the particulars and he said that such a thing was in the works but they were working on "clearances". w

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