July 12, 2001

Amid outages, Nasdaq debuts new system

Author: JT Smith

CNET: "SuperSOES, which runs on hardware from Compaq Computer and Unisys, debuted Monday and
began handling 18 stocks, including Agile Software and Liquid Audio. By July 30, the Nasdaq
intends to completely implement the new system, which will replace its old SOES, or Small Order
Execution System, which can handle only up to 1,000 shares at a time."


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