"I'm not doing that, I can tell you that," Murray told ESPN.com. "I'm not looking for a short-term fix."
The Senators continue to plan for the future as they focus on developing a young and talented team.
However, if a top-six winger with an expiring contract is available for an affordable return, Murray is expected to consider it.
"I'd be OK with a rental if it was the right price," said Murray.
Contrary to last season, the Sens are likely to be buyers at the deadline, looking to push for a playoff run as they sit in seventh place in the Eastern Conference.
More Trade Deadline Info
List of Trades
| No-Trade/No-Movement Clauses
| Top 25 Available Players
| Team-by-Team Cap Info