Jefferies & Co. Investment Technology Group subsidiary has finally placed a QUANTitative EXecution (QUANTEX) order-routing system that allows a user of the platform to route orders to brokers other than Jefferies. The placement has been made at a Boston money management firm--the name of which could not be determined by press time, but which sources are whispering is Harvard Management Co.

Guardian Life Insurance will soon choose a consultant to help the big insurer revamp its bond-side

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