Revisiting IP-Based Turrets

BEFORE THE SPIN

While the jury is still out on trading via voice-over-IP (VoIP) systems, two vendors—Paetec Communications and Mitel, a Canadian manufacturer of IP-based voice, video and data communication devices—are forging ahead with what they describe as a niche-oriented, IP-based voice trading solution.

In fact, the two companies will pilot test an IP appliance with user firms next month, say officials from both. Seven financial services organizations have signed up for the pilot tests, including a large

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