Next At O'Connor: Firm Builds Interest-Rate Trading Pilot
THIS WEEK'S LEAD STORIES
The Chicago-based options trading firm of O'Connor & Associates has begun a pilot trading operation for interest- rate instruments using 12 NeXT Computer Inc. workstations. O'Connor ordered 200 NeXTstations and some more powerful NeXTcube machines in September, and has recently finished taking delivery on them.
O'Connor's NeXT purchases are believed to be the biggest so far in the financial trading area. First Boston Corp. last fall set up a pilot trading-room system using NeXT workstations to
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