Chase Trading Room Will Go Live Without A Switch

DATA CONSUMERS

With the opening of its new trading facility, Chase Manhattan Bank has said goodbye to a piece of market data distribution technology that many of Wall Street's trading room designers still consider a necessity: the video switch. After nearly two and a half years on the drawing board, the bank's new 456-position trading room -- featuring a digital data distribution system from Reuters subsidiary Teknekron Software Systems Inc. -- is scheduled to open for business today, with half the traders

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