11.   In addition, Chief Cabinet Secretary Kozo Igarashi urged the government to consider changing the tax structure on securities transactions and real estate taxes to shore up share prices.

12.   Japan will consider cutting taxes on corporate income, real estate and securities transactions to boost its ailing economy, said the head of the Economic Planning Agency.

13.   Lower trading volumes eat into profits at brokerages because it reduces the amount and value of commissions charged on securities transactions.

14.   Lower trading volumes eat into profit growth for brokers because they depend on earnings from commissions charged on securities transactions.

15.   Merrill has linked the Cash Management Accounts to an Internet site where clients can conduct securities transactions and pay bills.

16.   Merrill responded that the securities transactions were ethical and legal.

17.   On a larger scale, the OPRA proposal raises the question of whether price quotes on securities transactions are public information or the property of the exchanges.

18.   Now Netscape is in the process of consolidating its hold by establishing a de facto standard for electronic security transactions.

19.   On Thursday, D. Blech halted securities transactions after announcing that it lacked the minimum capital to comply with regulatory requirements.

20.   Processing a securities transaction takes three days, and professional investors who traded securities on Wednesday had received electronic confirmation of their deals by Sunday.