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Securities Industry Arizona

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December 25, 1991 | From Associated Press
After a slow start on Wall Street, a computerized stock trading system that bypasses traditional exchanges is moving to Arizona. The state last week approved a plan for R. Steven Wunsch to move his 8-month-old electronic auction to Phoenix and rename it the Arizona Stock Exchange. Wunsch's system will receive up to $2 million in loans plus promotion by Arizona as incentive for the move.
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BUSINESS
December 25, 1991 | From Associated Press
After a slow start on Wall Street, a computerized stock trading system that bypasses traditional exchanges is moving to Arizona. The state last week approved a plan for R. Steven Wunsch to move his 8-month-old electronic auction to Phoenix and rename it the Arizona Stock Exchange. Wunsch's system will receive up to $2 million in loans plus promotion by Arizona as incentive for the move.
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