Morgan Guaranty Develops Mac II As Forex Workstation

THIS WEEK'S LEAD STORIES

Apple Computer Inc.'s Macintosh microcomputer, widely viewed as an electronic plaything for creative yuppies, has transcended its artsy-craftsy image. Morgan Guaranty Trust Co. -- a major foreign exchange dealer with a blue-blooded, buttoned-down profile -- is developing software that will turn the Macintosh II into a workstation for its foreign exchange dealers.

To accomplish this, a Morgan Guaranty research team led by Kent Klinner is porting portions of FX Development's forex dealing

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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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