First Chicago Chooses NeXT For 250-Position Trading Room
TECHNOLOGY
After several months of evaluation, First National Bank of Chicago has selected NeXT Computer Inc. to provide a platform for a planned upgrade to its 250-300 position capital markets trading room. 70 to 80 NeXT workstations are already installed and the bank is proceeding with its plans to write in-house trading applications to NeXT's object-oriented programming environment, sources say.
The bank's trading operation includes currency and government securities arbitrage activities, as well as
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