Handheld Combat May Soon Erupt at the NYSE
Traders Magazine, January 2004
An agreement between the two biggest suppliers of wireless handhelds on the floor of the New York Stock Exchange could lead to a showdown later this year. NYFIX and the New York Stock Exchange both provide Big Board floor brokers with order management technology. Now the two have agreed to make their systems interoperable, enabling independent brokers to use one handheld instead of two. The implementation is expected to take six months.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.