Self-serve at the checkout lane; bar code scanning in its ultimate test
Article Abstract:
Check Robot Inc's self-service grocery checkout lanes allow customers to tally their own grocery bills by passing items' bar codes over a scanner and then placing scanned items on a conveyor belt to verify the scanner's information. The conveyor belt stops when sensing devices on the belt do not transmit information that corresponds to scanned data. In that case, customers are instructed by a recorded message to rescan the item. The conveyor belt goes in reverse if items that have not been scanned are placed on it. A customer receives a receipt and pays by presenting the receipt to a cashier. Automated lanes cost $33,000 each, as compared with $10,000 for conventional lanes. Check Robot expects automated lanes to become as pervasive as ATMs, by 1995.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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Test approved for curbing a type of program trading
Article Abstract:
The SEC has approved a one-year trial of a New York Stock Exchange (NYSE) rule that would curb some program trading of securities on days when there are wide swings in the market. Only index arbitrage trading, in which traders seek to profit from differences in the prices of stocks that make up an index, and the prices of options or futures, would be effected. The rule is designed to stabilize the market and improve investor confidence in NYSE.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1990
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The Bre-X fiasco and impotent trading laws
Article Abstract:
The $3-billion Bre-X Minerals Ltd. swindle illustrates how ineffective Canadian securities regulation is in the face of international fraud and Internet touts. Small investors were no match for the wild cyber short-sellers whose grey market in Bre-X brought the company down.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1997
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