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The Boston Stock Exchange is looking to upgrade its computers so it can handle more orders and boost market share through electronic trading. Bridge Information Systems and Bloomberg (with its ECN, Tradebook) are possible candidates for a trading partnership, according to William Morton Jr., chairman and chief executive officer of the Boston exchange. He says the exchange may sell a minority stake. Meanwhile, the exchange has been working with IBM on a computer upgrade plan and has received bids

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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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