Bear, Stearns & Co. Opts for Aegis Software’s Simulators

CONNECTIVITY

NEW YORK--Bear, Stearns & Co. Inc. is using Aegis Software for the testing and verification of its trading systems and volume-weighted average pricing (VWAP) engines, Aegis officials say.

The firm will be using the "Exchange Simulator" and "Client Simulator" applications for the systems of its Global FIX Connectivity Group.

The Aegis applications have been deployed at Bear, Stearns’ Chicago and Parsippany, N.J. facilities, according to Norm Friedman, vice president for Aegis. "It’s a totally self

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