Wedbush Morgan Eyes Quotron, ADP For Its 200 Users

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Wedbush Morgan Securities Inc. of Los Angeles has narrowed the field in its search to provide a new quote system for its 200-plus retail and institutional brokers. The firm is now weighing the relative merits and prices of two vendors -- ADP and Quotron -- according to Wedbush senior vice president Tom Hale.

"Everybody's giving us fairly attractive rates and everybody's hungry, so we're still open on the decision," says Hale, who oversees the firm's branch-office administration.

The firm has been

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