Out With the Old . . .
EDITORS LETTER
Old versus new. Tried and true versus untested and risky. This is what CIOs face as they try to introduce new technologies onto the trading floor where traders and brokers have their own culture based around performance and more than a little superstition. The Globex trading platform is taking off at the venerable Chicago Mercantile Exchange (CME) but old-time traders still need to be nudged into the future with handheld devices and electronic systems. Meanwhile, some portfolio managers still
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