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Article: A Bulletin Board Tech Guru.

Article from:
Traders
Article date:
March 1, 2003
Author:
Copyright

The Bulletin Board is broken. Trading by telephone is an anachronism.

Automation is the answer.

That's the message trading technology pioneer Nick Niehoff has been preaching for the past four years. Niehoff is not your run-of-the-mill muckraker. He was a top Nasdaq executive who helped launch the Bulletin Board in 1990. He did so as the founder and division chief of Nasdaq's Trading Services group.

Now called Transaction Services and headed up by Dean Furbush, the group is responsible for marketing systems such as CAES, SuperMontage and SuperSOES. Under Niehoff's watch, the group introduced the Bulletin Board, the ACT reporting mechanism and ...

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