Having Set Standards, J.P. Morgan Begins To Eye Off-The-Shelf Systems

MANAGEMENT AND STRATEGY

J.P. Morgan & Co. intends to cast a wide net for off-the-shelf systems and technologies that it will then evaluate for incorporation into its trading room technology platform. Among the first products being examined is a new Apple Computer Inc. Macintosh-based commodity options and futures portfolio risk management system that may eventually be put to use on a limited number of Morgan's commodity trading and sales desks in New York.

Separately, Morgan late last week announced that managing

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