UBS Completes 3000 Xtra Tests, Takes Up Positions

NEWS

ZURICH--After testing Reuters 3000 Xtra for several months, UBS Asset Management is installing up to 70 positions of the product in its Zurich office, says Udo Verling, market data manager at UBS Asset Management. The terminals will replace several Reuters Terminals, he says. UBS will also create new positions.

The 3000 Xtra product will be rolled out to its structured investments risk-controlled division first and then to the bank's portfolio managers. Verling says UBS Asset Management will

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