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Give Decimal Technolgy A Chance, Professors Say

Traders Magazine, October 2000

William Hoffman

People, not machines, are why decimal pricing has been delayed, according to two market academics.

The infrastructure of telecommunications, computer hardware and software necessary to make decimalization work "has been ready for 25 years," argued Junius Peake, professor of finance at the University of Northern Colorado. "What we need is the political will and the regulatory smarts to get out of the way."

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