Traders No Longer See Seer As A Cure-All At First Boston

THIS WEEK'S LEAD STORIES

Breaking from what was to be the companywide systems architecture of the future, trading floors at CS First Boston are being equipped with UNIX-based analytic software that runs on workstations from NeXT Inc. The new trading support systems, which are being developed for the equities floor and which may extend to the fixed income area, have little to do with the CASE (Computer Aided Software Engineering) technology that was developed at First Boston and later grew into the firm's technology spin

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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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