On 24 June 1991 Doug Graham, minister of justice, flicked the switch on a new computer system for shares trading. The system brought real advantages: brokers’ offers were dealt with on a strict first-come first-served basis, and small investors were helped. The market index could be instantly updated and was more accurate, and brokers were saved the cost of huge telephone toll bills.
Using this item
Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference:
EP/1991/1831
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