Merrill announces partnership with Portware

Merrill Lynch and Portware, the New York-based provider of execution and order management technology, have entered into a strategic partnership that will enable Merrill Lynch to develop a customised trading platform for institutional clients, powered by Portware's trading technology. The partnership allows Merrill Lynch to provide hosting and customer support for its enhanced version of the Portware trading system, and enables clients to access the full suite of Merrill Lynch's proprietary d