Mayer & Schweitzer's 80 Traders Get Data Via Appleby Technologies

TRADING ROOM NETWORKS

Over-the-counter securities brokerage Mayer & Schweitzer Inc. has installed an 80-position trading room system at new premises in the Newport Financial Center in Jersey City, N.J. The firm's traders are supported by data distribution software developed for Mayer by systems integrator Appleby Technologies Inc. The system supports a further 40-odd users at branch offices in Chicago, Denver and Fort Lauderdale, Fla.

Mayer's traders make markets in stocks listed on the National Association of

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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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