Mellon Weighs Digital System For 150-Position Operation
TRADING ROOM NETWORKS
Mellon Bank Corp. is preparing to select a digital data distribution system for its 150-position trading floor in Pittsburgh. Mellon's initially longer list of prospective vendors has now been narrowed to two: Digital Equipment Corp. and FD Consulting Inc.
Mellon issued a request-for-proposal last year, seeking a UNIX-based data distribution platform. The system will replace a Reuters Holdings PLC/Rich Inc. video-switch currently in use by the bank's 150 or so government securities, foreign
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