Low-Priced Alternative To Program Trading: "Personal Program Trader" From Transec

THIS WEEK'S LEAD STORIES

Never fear, the equalizer is here! Individual investors can now engage in the same high-technology trading tactics used by the pros. At $75, Personal Program Trader from Transec Systems Inc. of Delray Beach, Fla. is the low-priced alternative to leasing a roomful of rocket scientists and supercomputers.

Personal Program Trader doesn't require a leased line to the DOT system. It doesn't even use a modem. All that's needed is a personal computer, a telephone, a broker, and a subscription to your

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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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