Morgan Stanley Buys Suns For Fixed Income As Internal Debate Rages: TSS Or Not TSS?
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Morgan Stanley & Co. has purchased a large number of Sun Microsystems Inc. SPARCstation workstations and servers, setting them aside for installation at its fixed-income trading desk.
The acquisition of the Sun workstations may mark the beginning of Morgan's long-delayed arrival among Wall Street's most technologically advanced firms. Though Morgan has used Suns in the past -- particularly in its much- vaunted, but relatively small Advanced Proprietary Trading (APT) risk management and analytics
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