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Non-Tech : Ashton Technology (ASTN)
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To: EyeDrMike who wrote (282)4/22/1999 10:18:00 PM
From: LTK007  Read Replies (1) of 4443
 
from Mikes post regards VWAP and just PHLX <<One of my other questions was "DO you plan on applying to the NASD or NYSE or
any other exchange for use of the VWAP trading system"

Their reply was that, no, they were not applying. Any institution that wished to use the
VWAP system can do it at the PHLX exchange and it wasn't necessary to apply to
other exchanges.>> Which is perfectly logical,PHLX will be the single HUB for institutions utilizing VWAP,I see no need for multiple HUBS.Max
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