Printer Friendly

SHERWOOD SECURITIES TO PARTICIPATE IN NASDAQ INTERNATIONAL

       SHERWOOD SECURITIES TO PARTICIPATE IN NASDAQ INTERNATIONAL
    NEW YORK, Jan. 15 /PRNewswire/ -- The Sherwood Group, Inc. (AMEX: SHD) announced today that its wholly owned subsidiary, Sherwood Securities Corp., will participate in NASDAQ International beginning Monday, Jan. 20, 1992.  The firm will make markets in more than 1,400 NASDAQ International stocks.  The staff will be led by the chief executive officer and president of The Sherwood Group, Inc.
    The service is primarily designed to accommodate international trading by institutional investors in the United States, United Kingdom and other parts of Europe.  It will consist of the basic automation services currently provided during the domestic session to support market making by NASD members in NASDQ, NASDQ-NMS and exchange-listed securities.
    The European session will run from 3:30 a.m., EST, to one half-hour before the NASDAQ opening on each business day in the United States, with pre-opening procedures commencing at 2:30 a.m., EST.
    The Sherwood Group, Inc. is a publicly traded holding company. Sherwood Securities Corp., the principal subsidiary, is primarily engaged in the securities business as a wholesale market maker in more than 2,200 NASDAQ/OTC securities.
    -0-         1/15/92
    /CONTACT:  William Karsh, CFO and vice president of The Sherwood Group, 212-482-4000/
    (SHD) CO:  The Sherwood Group, Inc.; Sherwood Securities Corp. ST:  New York IN:  FIN SU: SH -- NY070 -- 0083 01/15/92 14:55 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 15, 1992
Words:230
Previous Article:OUTPLACEMENT SERVICES -- THE RIGHT CHOICE OR CONSUMER CON?
Next Article:COLUMBIA FIRST BANK ANNOUNCES RESULTS FOR QUARTER ENDED DEC. 31, 1991
Topics:


Related Articles
SHERWOOD CORP. ANNOUNCES ACQUISITION OF RAMIA HOLDINGS LTD.
NASDAQ INTERNATIONAL TO OPEN AT 3:30 A.M. MONDAY, JAN. 20; HISTORIC STEP TO CREATE TRANSATLANTIC MARKET
National Discount Brokers Group Sells Equitrade Partners for $85 Million in Cash.
National Discount Brokers Group President Announces Agreement with REDIBook ECN at Annual Meeting.
National Discount Brokers Signs Marketing Agreement With Sandbox.com.
National Discount Brokers Launches IPO Center.
National Discount Brokers Group, Inc. Expects to Substantially Exceed Analysts' Projections for the Third Quarter.
Sherwood International Group LLC of Armonk, New York Announces Another New Client.
Federman & Sherwood Files a Complaint Against the Oklahoma Department Of Securities.
Sherwoods to showcase premium Dubai, Abu Dhabi and Ajman properties at Cityscape USA 2008.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters