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Non-Tech : Ashton Technology (ASTN)
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To: Zeev Hed who wrote (557)5/3/1999 11:14:00 PM
From: AJ Berger  Read Replies (1) of 4443
 
NYSE uses Human Stock Specialists in each Stock

to match most trades. Posit and other automated
systems handle about 2% of total volume, also
many larger brokerages who keep trades in major
stocks internally may have their own proprietary
systems for matching trades within their firms.
Most Large Block trades that need to be buried in
the markets are simply subcontracted out to dozens
of smaller brokers in hopes of masking its origin.
ASTN system hopes to address these needs and more.
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