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.
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Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
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