First Boston Corp. Reconsiders Fixed-Income Group's Platform

MANAGEMENT AND STRATEGY

First Boston Corp. is considering a major reevaluation of the technology that supports its 260-position fixed-income securities trading group in New York.

The move to reexamine the bond traders' data distribution platform comes scarcely a year after First Boston set down what then appeared to be long-term technology plans: Quotron's Trading Support System (TSS) was signed up to support the fixed-income traders while ADP's FS Partner was tapped to do the same for the equity and investment banking

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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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