NASD Notice to Members 01-05 - January 2001

Nasdaq Announces Additional Decimalization Testing Dates

Executive Summary

Recently the National Association of Securities Dealers, Inc. (NASD®) announced that selected NASD member firms must participate in decimalization testing. Mandated firms have until February 24, 2001 to satisfy this requirement. (Note: A list of mandated firms is posted on the NASD Decimalization Web Pages at http://www.nasd.com/news/Decimalization/testing.html.) In this NASD Notice to Members, Nasdaq® announces additional testing opportunities for NASD member firms, and provides details about the tests. Also, a summary of the industry-critical dates is provided.

 

Questions regarding this Notice may be directed to the NASD Decimalization Program Management Office (DPMO) toll free at: (888) 227-1330 or via e-mail.