United States
Securities and Exchange Commission
Washington, DC 20549
FORM 13F
FORM 13F Cover Page
Report for the Calendar Year or Quarter Ended: 12/31/98
Check here if Amendment: [ ] Amendment number: [ ]
This Amendment (check only one):
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager filing this Report:
Market Systems Research Advisors, Inc.
c/o Lexington Management Corporation
Park 80 West Plaza Two
Saddle Brook, New Jersey, 07663
13F File Number: 028-6806
The institutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing the report
is authorized to submit it, that all information contained herein is
true, correct and complete, and that it is understood that all required
items, statements, schedules, lists, and tables, are considered integral
parts of this form.
Person to contact for further information:
Peter Corniotes (201) 845-7300
Person signing this Report on Behalf of the Reporting Manager:
Name: Lisa Curcio
Title: Secretary
Phone: (201) 845-7300
Signature, Place and Date of Signing:
/s/ Lisa Curcio
Saddle Brook, New Jersey
February 12, 1999
Report Type (Check only one):
[ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ X ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).
[ ] 13F COMBINATION REPORT (Check here if a portion of the holdings
for this reporting manager are reported in this report and a
portion are reported by other reporting manager(s)).
REPORT SUMMARY
Number of Other Included Managers:
Form 13F Information Table Entry Total:
Form 13F Information Table Value Total:
List of Other Included Managers:
NOTE:
The Manager's holdings are reported by its parent company, Lexington Global
Asset Managers, Inc. (CIK 0001001540).
