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Pacific Coast Exchange touted for growth and efficiency
Pacific Coast Exchange President Thomas Phelan asserts the West Coast market is doing a better job than New York and Amex as trading volume rises 26.6 percent from 1968 levels. By August, 116,921,782 shares traded. seat prices hover around 70,000, up from 7,500 four years ago. The exchange adds securities, expands clearing via net-to-net system, and leverages two trading floors 400 miles apart aided by computers and telephony.
MENTIONED IN THIS ARTICLE
Pacific Coast Exchange
Amex
Phelan
Newark
New York
West Coast
Exchange
Pacific Coast Stock Exchange Clearing Corporation
Pacific Coast Service Corporation
So Gai
San Francisco
Los Angeles
California
So Land
San