RXR Shifts To New Homegrown Order-Management System, Incorporating Oracle RDBMS

TECHNOLOGY STRATEGIES

RXR Group is poised to go live with an internally developed local area network-based order-management system, dubbed Trading and Tracking (TNT). The system--which incorporates relational database management software from Oracle Corp.--has been in development at RXR's Stamford, Conn., headquarters for over a year. It currently provides five traders with real-time order-entry and order-tracking facilities.

At the moment, TNT is installed alongside RXR's incumbent system--also internally develop

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