Bankers Trust Sets Standards For 400 Derivatives Traders

MANAGEMENT AND STRATEGY

New York-based bank Bankers Trust has begun a gradual process to replace the systems and technology that support its 400-odd derivatives traders worldwide. The bank, which maintains one of the world's oldest and largest derivatives operations, has been using its current derivatives trading technology since 1986.

Bankers Trust trades extensively in currency, interest- rate, equity and commodity derivatives, both for its own and for customers' accounts. Specifically, the firm has been increasingly

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