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Handheld Combat May Soon Erupt at the NYSE

Traders Magazine, January 2004

Peter Chapman

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.

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