Salomon's Phibro Steps On To Next Platform For 500-Position Global Trading Operation
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Phibro Energy Inc., a wholly owned and very independently operated subsidiary of Salomon Inc., has made a 500-position commitment to the NeXT Computer Inc. hardware platform. The NeXT step -- which sources say is valued at $5 million -- moves Phibro away from its parent's heavily Sun Microsystems Inc.-based technology path.
Although the project is still in the design stage and vendors are keeping mum, sources at Phibro confirmed the choice of NeXT to provide trader workstations for a planned
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