Morgan Stanley Crosses CTM Bridge

OPERATIONS AND STP

NEW YORK--Morgan Stanley is moving to full usage of Omgeo's Central Trade Manager (CTM) virtual matching utility (VMU), but it recently cast doubt on the viability of Omgeo's bridge among CTM and its legacy allocation system, Oasys, and its legacy TradeMatch service.

In a presentation to attendees at the SIA STP conference on Oct. 3, Morgan Stanley officials detailed plans to implement a fully automated CTM interface by the end of the first half of 2003, and it is the first broker to declare such

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