Short interest in less active securities traded in the N.A.S.D.'s automated quotation system rose 19.8 percent in the period.

These securities are traded in the automated quotation system of the association, but not in its national market system.

OTC Markets Group established a categorization system to indicate the level of financial and corporate disclosure provided by the companies using its quotation system.

In London, the market makers will display A.D.R. prices and trades on the exchange's automated quotation system.

The London Stock Exchange has cleared the new market with British tax authorities, and its automated quotation system will be used.

Rather, stocks are traded by brokers at hundreds of locations using an automated quotation system linked by telephone lines.

They are open to fraud and manipulation because many are not listed on an organized exchange or quotation system where trading activity is readily visible.

The new rule is expected to spur greater debate among traders in the National Association of Securities Dealers automated quotation system, known as Nasdaq.

The Nasdaq automated quotation system is expected to be authorized today to operate as the first foreign stock exchange in Britain.

The Bulletin Board, an electronic quotation system for subscribers, has no standards for inclusion; nor does it have requirements for periodic corporate reporting.