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EC
Guest
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 Posted:
Thu Sep 01, 2005 4:21 pm Post subject:
Turret Phones |
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Anyone have input on using regular digital set instead of the expensive
turret phones? |
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Mitel Lurker
Guest
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| Posted:
Fri Sep 02, 2005 6:11 am Post subject:
Re: Turret Phones |
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In article <1125591665.444175.109640@g49g2000cwa.googlegroups.com> "EC"
<ecotcher@rwbaird.com> writes:
| Quote: | Anyone have input on using regular digital set instead of the expensive
turret phones?
|
The biggest disadvantages to using "regular" digital display sets is that
you severely limit yourself in the number of available speed dial buttons
and there is no provision for ARD broker lines and you would need external
broker boxes + microphones (sometimes called hoot-n-holler, junkyard, or
shout-down lines), one each for as many ARDs as each trader may have. Many
traders also prefer to have two handsets and use both simultaneously with
push-to-mute buttons (seller on one handset, buyer on the other) and
noice-cancelling mouthpieces. Without a Turret some of that functionality
would require two separate phones. A trade floor with ordinary phones is
not a trade floor. They will also want the ability to punch up TV audio
for any of the several news channels being monitored. Trust me, your
traders will demand turrets and nothing less will suffice. |
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Guest
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| Posted:
Fri Sep 02, 2005 6:34 am Post subject:
Re: Turret Phones > Hey Energy or Financial Mkt Tcom folks |
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On 1 Sep 2005 09:21:05 -0700, "EC" <ecotcher@ r b i d.com> wrote:
| Quote: | Anyone have input on using regular digital set instead of the expensive
turret phones?
|
Great question - allow me to troll for attention. Bill, I assume you
will promptly contribute. Help us out with a back to reality talk.
Scenario:
Brokerage. 2 seats on the NYSE floor, HQ located in a town known for
breweries. 80 branches, locations in US and UK. Tradenet MX 7 years
old. Number of Traders - about 30 on a institutional desk doing the
big blocks with other major firms or fund companies. For Nasdaq/OTC,
there are say 15 folks with far less need to juggle phone lines. Then
the remiaining IPC subscribers are 45 sales or "calm" type people that
either drum up buisiness or otherwise work with the trader but don't
use ARDs or perform the trades.
Prior to poster EC and my arrival at the Firm, they switched from
really wide Nortel phones to the IPC system. Pervious TCom Wiz was
unfamiliar with Meridian for the most part.
The reasons used to justify going Turret should not have included
"mission critical" or "up-time", since the system is fed off the
Meridian for so many critical lines. Certainly number of lines per
instrument is a reason..
Now... short of those possible reasons, how have groups our size, in
your experience, justified Turrets vs the PBX phone. We ain't gonna
pull it out just to simplify our jobs, but in the near future, we will
have to replace it with something. |
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Guest
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| Posted:
Fri Sep 02, 2005 6:36 am Post subject:
Re: Turret Phones |
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On Fri, 02 Sep 2005 01:11:30 GMT, wdg@[206.180.145.133] (Mitel Lurker)
wrote:
| Quote: | In article <1125591665.444175.109640@g49g2000cwa.googlegroups.com> "EC"
ecotcher@rwbaird.com> writes:
Anyone have input on using regular digital set instead of the expensive
turret phones?
The biggest disadvantages to using "regular" digital display sets is that
you severely limit yourself in the number of available speed dial buttons
and there is no provision for ARD broker lines and you would need external
broker boxes + microphones (sometimes called hoot-n-holler, junkyard, or
shout-down lines), one each for as many ARDs as each trader may have. Many
traders also prefer to have two handsets and use both simultaneously with
push-to-mute buttons (seller on one handset, buyer on the other) and
noice-cancelling mouthpieces. Without a Turret some of that functionality
would require two separate phones. A trade floor with ordinary phones is
not a trade floor. They will also want the ability to punch up TV audio
for any of the several news channels being monitored. Trust me, your
traders will demand turrets and nothing less will suffice.
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Dang, you outposted me!!! |
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Mitel Lurker
Guest
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| Posted:
Fri Sep 02, 2005 6:41 am Post subject:
Re: Turret Phones |
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In article <j4bfh1htu3n42odktmt3p3hgb8rbk0f6bv@4ax.com> GHTROUT writes:
| Quote: | Dang, you outposted me!!!
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He who hesitates is lost :-)) |
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Mitel Lurker
Guest
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| Posted:
Fri Sep 02, 2005 6:54 am Post subject:
Re: Turret Phones > Hey Energy or Financial Mkt Tcom folks |
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In article <a1bfh11vr00158b545ejgg2pk713e87fdg@4ax.com> GHTROUT writes:
| Quote: | Now... short of those possible reasons, how have groups our size, in
your experience, justified Turrets vs the PBX phone. We ain't gonna
pull it out just to simplify our jobs, but in the near future, we will
have to replace it with something.
|
We tried the "really wide" phones, MITEL SS4150 + 48 button adjunct
(Programmable Key Module) alongside, damn thing looked like a church
organ, and I ordinarily like Mitel phones. Those were a nightmare. Great
for a dept. receptionist, but lousy for a trader. Thank goodness common
sense prevailed. Given enough gears you can pull a freight train with a
washing machine motor, but your clients will bitch about performance.
The Etrali Mach-2 turrets run on 2048k bps E1 which believe it or not runs
just fine across Cat3 - yes, 3, up to 300 cable ft anyway. No, I sure
don't recommend cat3, but if overhauling your backbone cabling is a line
item, you may be able to defer it till later. Local power at the turret
also will save a bundle. |
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