BankAmerica Installs Turrets In Los Angeles From IPC

TRADING ROOM NETWORKS

BankAmerica Corp. is installing IPC Information Systems Inc.'s Tradenet MX digital trading turrets for 140 positions at its Los Angeles office. The Los Angeles trading floor is the bank's third U.S. office, after San Francisco and New York, to begin installation of Tradenet MX. IPC's digital turrets replace the vendor's earlier-generation analog turret, the so-called Series II.

BankAmerica decided to switch from an analog system to a digital system because "going to digital gives us a lot more

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