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June 21, 2006

PHILADELPHIA: Electronic trading takes the floor

The Philadelphia Stock Exchange, the nation’s oldest, will halt face-to-face trading of equities in September after 216 years to focus on providing stocks, futures and options through an integrated electronic trading system.

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Stocks Rise on Oil Price Drop

Investors shift out of energy and into tech and financial sectors as concerns about effects of high fuel costs ease.

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Recom Managed Systems

GREENVILLE — The medical equipment company, moving to South Carolina from California, moved to the American Stock Exchange on Wednesday. The company plans to produce heart-monitoring equipment. Its stock, trading as RSY, closed at $4.09 on Friday, down 13 cents.• Ryan’s Restaurant Group

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METI official accused of insider trading

Bid he obtained to pocket about 2.8 million yen through stock trading. It is the first time a fast-track bureaucrat

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