Telerate's Matrix 3 Due Next Month; Gradual Migration To Unix Planned

THIS WEEK'S LEAD STORIES

Telerate Systems Inc. will release Matrix 3, next month, just over a year after Matrix 2, a PC-based data delivery platform, was released to mixed reviews. The new platform, which again is built around proprietary windowing software, a composite-page building facility and multiple Telerate- supplied data feeds, is currently being beta tested at approximately 40 sites.

Like its predecessor, the Matrix 3 platform runs on a 286- based PC running DOS with a high-resolution color monitor, all supplied

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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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