Clearing Firms Pershing And Herzog, Heine, Geduld Pick ILX Over Quotron

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ILX Systems Inc.'s personal computer-based broker workstations are replacing Quotron Systems Inc. terminals at both Herzog, Heine, Geduld, Inc. and the Pershing division of Donaldson, Lufkin, Jenrette Inc. ILX is also said to have the inside track at Dean Witter Reynolds Inc. where Automatic Data processing Inc., Quotron and PC Quote Inc. are vying for about 125 screens in the over-the-counter and listed equities trading areas.

While ILX only stands to gain a total of 200-300 new screens from the

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