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Desktop Duel

Hedge funds rely on multiple order and execution management systems for trading. As consolidation begins, service providers are vying for the funds' business.

From his office overlooking the 103,000-square-foot trading floor -- the world's largest -- at UBS's North American headquarters in Stamford, Connecticut, William Sterling has a front-row seat in the battle for supremacy in desktop trading software. But Sterling is no mere spectator. As head of institutional electronic equities trading, the

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