CBOE Market-Makers To Use IBM PS/2S To Price Options

THIS WEEK'S LEAD STORIES

Long a champion of technological advance, the Chicago Board Options Exchange now plans to pilot a PC Auto Quote system that will provide its market makers with updated quotes and analytics on IBM PS/2 50s. The exchange is hailing the project as a way to make it more competitive once bans on multiple listing of options are lifted in January (TST, June 5). For IBM, the project is an illustration of a strategic shift to front-end applications in a heterogeneous hardware environment, where Big Blue

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