Customized Conflict: Omega, Papyrus And Roberts-Slade Face Off


PC-based packages recently launched by Papyrus Technology Inc. and Omega Research Inc., and one being developed by Roberts-Slade Inc., aim to give derivatives traders a way of applying their own trading models to historical market data. Running such programs on stand-alone PCs, traders are able to discover -- or so the theory goes -- which home-grown trading techniques work best for them.

Traditionally, only firms with sophisticated programming staffs and computers have been able to assess tr