How Merrill Spends Its $52 Million Market Data Budget

BROKER WATCH

Merrill Lynch & Co. expected to spend about $52 million on market data for its capital markets group, according to Merrill documents prepared for an internal presentation last summer. The projected spending in 1993 represents an increase of just over four percent above what the firm spent in 1992.

The budget is for data used by Merrill's approximately 1,200 traders -- mainly debt and equity, but doesn't include the information consumed by the firm's fleet of retail brokers. As a result, vendors

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here