Fidelity Management & Research Corp.'s Fidelity Capital Markets Co. (FCMC) broker-dealer subsidiary is pitching its automated routing and execution facility for equity orders (IMT, Feb. 7) to potential buy-side customers. Rumor has it that the service was lately presented to State Street Boston Corp. Meanwhile, FCMC is seeking a partner to help it market the service, observers say.
Merrill Lynch & Co.'s Merrill Lynch Asset Management has decided to build its own multicurrency portfolio manage
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails