The new price distribution system uses technology from UK-based vendor Gissing Software to link the Microsoft Excel spreadsheets that are used to calculate prices as alternatives to market data screens.
The Rates Trading Group at MUSI began looking for a price publication solution last summer, says Greg Bufton, co-head of the quant desk in the Rates Trading Group. The bank originally undertook a proof of concept using a Reuters test page to distribute its data, but found that this tied it to
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