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  1. Technology
August 20, 1998


By CBR Staff Writer

Daiwa Securities Co Ltd has become the first Japanese securities company to introduce automatic teller machines (ATMs) for online stock trading and account services. The service will accept orders from listing and over the counter stocks, as well as Money Management Fund (MMF), foreign MMF and government bond fund orders. Nikkei Digital Money Systems reports that Daiwa is building a video phone call center so that ATM users can talk to staff about financial queries. The ATMs, which will operate 24 hours a day, are being installed in major Japanese financial centers, services will commence this fall.

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