Mentor Sold Short By STS; Dalcomp Picks Up The Pieces
THIS WEEK'S LEAD STORIES
Dalcomp Inc., a boutique network service bureau catering to municipal and corporate bond departments, has acquired Mentor Associates from Securities Trading Systems, the New York-based subsidiary of RMJ Securities Inc. (TST, July 6).
Mentor, a wholesale supplier of mortgage-backed securities prices, rose from the ashes of Security Pacific Market Information, inheriting personnel and software from SPMI's well-regarded mortgage-backed area. But Mentor has been unable to sell its pricing service to
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