Off-Hours Trading May Bring Problems, Says BT's Earle
THIS WEEK'S LEAD STORIES
The advent of 24-hour trading, as facilitated by the recent spate of would-be after-hours trading systems, could adversely impact the clearance and settlement of all market instruments and could strain the markets' interface to the banking system. Dennis Earle, vice president, strategic planning group at Bankers Trust Co., had some cautionary words for market players at the Business Week/Hewlett-Packard Co. Securities Trading & Technology Toward 2000 conference in New York last month.
His address
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