Pivot Solutions, maker of IMTRADER, the first AOL-certified real-time trading and communications network, announced today that Moors & Cabot has chosen IMTRADER as its standard communications and instant messaging trading solution.

IMTRADER extends a broker's order management system, execution services and research library to their clients via the IMTRADER network by providing seamlessly integrated electronic trading, research distribution and instant messaging.

"Moors & Cabot is always looking for innovative technology to streamline information workflows and deliver best of breed execution services to our clients. Most of our traders use AOL instant messenger to communicate with our customers, and it was a logical choice to roll out IMTRADER on our execution desk on the Boston Stock Exchange," explains Whit Conary, Director of Floor Trading, Boston Stock Exchange, Moors & Cabot. "The IMs that our customers are sending us now shows up as trades in our Order Management System, eliminating the need to double key the data."

"Having an established brokerage firm like Moors & Cabot as a client is an example of how more and more, traditional brokerage firms are marrying institutional trading services with the instantaneous trading and communication demands of their clients. Such early adopters of this technology are sure to solidify their competitive position in the marketplace," said Furqan Nazeeri, CEO of Pivot Solutions, the firm behind IMTRADER.