Merrill Lynch Institutional Picks ILX For Research, Quotes And Buy-Side Research Access

RESEARCH & ANALYTICS

Thomson Financial Services Inc.'s ILX Systems Inc. last week began providing Merrill Lynch & Co.'s institutional equity sales force with market data, news and access to a private database of Merrill research. Merrill may later seek to allow its ILX-using customers to access Merrill research through a window on their ILX systems, according to Jack Roehrig, vice president at Merrill Lynch.

Research distribution--a key component of Merrill's institutional business--has helped draw Merrill close