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Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (11830)	1/21/2001 12:33:06 PM
From: qcom_datadept	Read Replies (2) \| Respond to of 17977

Hi Michael, Great question, and a valid concern. Based on what the Directors of Operations and Systems Administrators have indicated, we are ready for exchanges to go to full decimalization. ~Jay EDIT: I have forwarded this up the ladder in hopes we can get an official statement to give to clients on this topic.

To: Michael Watkins who wrote (11830)	1/21/2001 12:34:08 PM
From: dli	Read Replies (1) \| Respond to of 17977

Full conversion to decimals is not going to happen until April. However, if the results of a study by SRI prove to be correct (see below) Quote.com will have to at least triple their server and bandwidth capacity in order to maintain their very modest current service level. I'm afraid that this is going to be the next QCharts disaster awaiting us as customers. Dave Excerpt from Message 15215365 by LPS5: Here are some numbers for you: I have, sitting right here on my desk, a report done by SRI Consulting stating that nickel increments would cause something like 3.5% more trades and about the same increase in quotes being transmitted. Straight to penny increments, and the increase in share volume would be 9%, with 81% more trades done and 231% more quotes transmitted. In addition, that the equity volume would (if in nickel increments) juice equity options markets by 52% and index options by 50% [ more quotes transmitted]. To penny increments, and the equity options market quotation volume would increase by 305%, with index options bumped up by 160%. Remembering as we should that large firms hedge equity options with equities and vice versa, I'm sure that critical brokerage technology is not ready for that.