TECHNOLOGY

TECHNOLOGY

The new UBS plans to upgrade and extend its use of the Global Trader trade capture and position keeping system from ADS Systems for its global foreign exchange traders.

SBC Warburg Dillon Read is a long-time user of Global Trader. The former Union Bank of Switzerland FX traders will use the ADS software when they move onto the former SBC trading floors around the globe.

UBS's Stamford, Connecticut floor--formerly SBC's floor--has been piloting the Windows NT version of Global Trader for a

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