MOUSE-TRAK increases productivity at Philadelphia Stock Exchange

Philadelphia - Recognized as the oldest trading floor in the nation, the Philadelphia Stock Exchange relies heavily on productivity and precision. In essence, brokers regard time as valuable and of great importance to the business.

Because they are recognized as the most advanced exchange program in terms of automation, development on the Equity, Equity Options, and Foreign Currency Trading Floors with regard to input devices is considered a high priority.

Mike Linde, Manager of Hardware Systems Support Engineering and Harry Dewedoff, Senior Sun Systems Administrator, and their staffs for the Philadelphia Stock Exchange, are responsible for the majority of the exchange-owned hardware within the complex. Mike and Harry are depended upon to keep the systems up-and-running and to keep business flowing smoothly; down time can cost literally millions of dollars to traders. When it was determined that the exchange program needed to be revamped and the hardware systems upgraded, Dewedoff and Linde felt compelled to revolutionize the system. "We were having a considerable amount of problems on the trading floor with cables becoming intermittent from users constantly moving the computer mouse around the post," said Linde. "The wiring from normal wear and tear, ultimately causing the wires to break internally and fail." As a result of inefficiency, Dewedoff was forced to engage in thorough research and made a decision regarding the use of the input devices for the exchange supply equipment. He chose to employ the use of the MOUSE-TRAK , an ergonomically designed trackball device from ITAC Systems, Inc. (Garland, TX). The MOUSE-TRAK is a hybrid between a mouse and a trackball and is compatible with the Sun Microsystems workstations used on the trading floors. "Rather than ordering the standard professional model, we decided to upgrade to the industrial version that was being offered," said Linde. "As you can imagine with the stock market, space is very restrictive on the floors. Every bit of counter space is valuable because of all the high tech equipment that is jammed into an extremely small area," continued Linde.

"The MOUSE-TRAK requires less room than the optical mouse because it is stationary and is comprised of one piece, an essential attribute in this business. All of our trade brokers use Sun Microsystems workstations - models IPC, Sparc1 +, and currently we are upgrading one of our trading floors with the NEW Sparc5 model," continued Linde. "We also use Sun's 400 and 600 series Servers along with the Sparc1O and Sparc20 units," added Dewedoff. "Although we deploy the optical mouse because it comes with the system, the majority of the brokers prefer the MOUSE-TRAK to the traditional trackball," states Linde.

Computer Optical and Mechanical Mice, along with other trackballs, have been scrutinized in recent years for their inability to eliminate many problems which often lead to repetitive stress injuries (RSI's) such as carpal tunnel syndrome. The design of these other devices force the wrist to be used at an unnatural angle and requires gross arm movements. The MOUSE-TRAK enables the hand and arm to remain in a natural resting state and encourages minimal arm mobility.

"I would think that if we didn't supply the MOUSE-TRAK we would have more complaints from the brokers and less production on the floor," said Linde & Dewedoff. "We are certainly taking measures by using this device and significantly reducing the number of reported RSI's." When deciding upon the appropriate device to utilize at the Philadelphia Stock Exchange, various characteristics, in addition to the prevention of RSI's, were taken into consideration. ITAC Systems' device has been the preferred alternative in Philadelphia. It offers numerous advantages over the traditional computer mice and trackballs that were once considered to be the pattern on the trade floor.

"The MOUSE-TRAK is a simplistic device that is very user-friendly," said Linde. Since time is restrictive in the stock exchange program, the product needs to be easy to use, and be very reliable. "We have never had a complaint with the device," state Dewedoff and Linde. "And it fits in aesthetically with the atmosphere of both the development and production environments."