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BRIEFLY

July 21, 1989

Program Trading Rises Sharply: Computerized program trading of stocks on the New York Stock Exchange in June amounted to 12.3% of average daily NYSE volume, or 22.1 million shares daily, the Big Board reported. That compared to 9.2% of average daily volume, or 15.6 million shares daily, in May. Experts have attributed the general rise in program trading to increased volume overall and heightened trading interest from institutional investors.

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