Bridge, AutEx Talks Will Yield No Fruit; Platform Differences Cited

AUTOMATED TRADING

An alliance between Bridge Information Systems Inc. and Thomson Financial Services Inc.'s AutEx subsidiary--under discussion for the past few months--now appears unlikely to result in an agreement. The talks involved the possibility of Bridge providing access to Thomson's AutEx order-indication system via its terminals (IMT, May 14).

According to Mark Minister, executive vice president of marketing for Bridge, it was primarily technological differences which prevented the two vendors from

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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