BofA Close to Signing Aurora Deal
TRADING FLOOR TECHNOLOGIES
NEW YORK--Bank of America (BofA) is close to signing a deal that will bring Aurora Software’s WinFITS trading platform for US government securities to the bank, say sources familiar with the situation.
A fixed-income trading system, Aurora’s WinFITS transaction platform compiles all supported instruments into a position-keeping and risk-management platform for proprietary desks, regional dealers and large buy-side firms. WinFITS was originally built for individual desks at large sell-side firms.
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