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Non-Tech : Ashton Technology (ASTN)

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To: Rob W who wrote (3162)1/16/2000 10:53:00 AM
From: DLJMT  Read Replies (1) of 4443
 
verrry interesting :-)

from prev TSE link:

"While VWAP prices are available from a number of different sources there is currently no official VWAP for TSE or OTC index-based products. The Exchange is exploring potential applications of a VWAP including a session for crossing at the VWAP. The basis for the VWAP calculation (e.g. the VWAP for the FTSE is calculated based on the last 10 minutes of trading) and the process would have to be determined."

FR said at Shareholder's meeting that this one of the things that NYSE was very interested in as well, in their conversations w/ ATG.

Market on close eVWAP is going to be a big winner for ATG. :-)

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