Planning for Disaster

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By Gallagher Polyn

Contingency experts have three main rules.

The New York Board of Trade recalls how rules held up.

The devastation of September's disaster and the uncertainty that followed have raised the profile--and budget--of disaster recovery operations.

"What September 11 will do is sweep aside cost issues," says Simon Mingay, research director for business continuity planning at Gartner Group in London.

Firms have traditionally been reluctant to spend on disaster recovery. Even after the

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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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