Tudor Investment Uses Aspen System For Market Data Service Backup


Tudor Investment Corp. is testing Aspen Research Ltd.'s new quote-retrieval system in its Tudor trading operation, which handles trades for customers and for Tudor's own account. The Aspen system, which provides Tudor with backup data facilities, is being run on an AspeNet local area network-based decision support system that was installed at the firm about six months ago.

Tudor, run by renowned trader Paul Tudor Jones, is a derivatives-oriented money management firm. Tudor conducts a lot of