Tri-State Application Spend to Soar

TRADING FLOOR TECHNOLOGIES

NEW YORK—Spending on trading applications by sell-side firms is expected to rise by 14 percent to approximately $1.3 billion, according to the latest survey from U.K.-based research firm Kimsey Consulting.

Overall spending on trading technology by sell-side firms in theU.S. states of NewYork, New Jersey and Connecticut, is expected to grow by five percent in 2006 to $5.6 billion, with a third of firms expected to spend more this year, according to the research, which surveyed firms representing

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