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NYBOT Goes Wireless
The New York Board of Trade is in the midst of testing a wireless support system for its floor traders. At the current stage of testing, the exchange is running an automated trading card application on Hitachi handhelds that lets traders enter trade details directly into the trade input processing systems (TIPS), which is currently a manual paper-based data entry process.
"We’re not looking at replacing open outcry, we just want to make the recording and processing easier and
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