Merrill to Offer Access to Algo Engine
FRONT PAGE: CONNECTIVITY
NEW YORK—Merrill Lynch is slated to join a growing array of major sell-side firms that will allow third-party access to their algorithmic trading engines.
To provide links to its ML X-ACT algorithmic trading service, Merrill Lynch is partnering with vendor Portware, which will provide the Merrill Lynch link as a standard option for its Portware Professional trade management system. The new access will appeal to quantitative asset managers, fund asset managers as well as new and established hedge
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: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Securities industry nears tipping point for dual messaging standards
Industry groups call for a freeze on ISO 15022 maintenance to accelerate ISO 20022 adoption.
GenAI and data quality converge at T. Rowe Price’s (Data) Lake Como
Jay Como was hired by T. Rowe Price in 2023, just as generative AI was rippling across the capital markets. Rather than accepting data quality as a hindrance to AI development, his team wants to use AI and agents to help solve this long-standing issue.
Pennsylvania entity files antitrust suit against Cusip Global Services
Complaint challenges CGS’s position as the US national numbering agency.
Market data cost increases slow, but prices still outmatch budgets
The market for market data is in flux as procurement teams are buoyed by C-suite attention, AI, and competitive tension. But providers are trying to protect their moat.
LSEG ‘acted in bad faith’ in MayStreet acquisition, new court filing alleges
Lawyers for Patrick Flannery have responded to LSEG’s motions to dismiss the suit for fraud and breach of contract related to the 2022 acquisition.
Bloomberg enhances feeds, Standard Chartered and TP Icap partner on digital assets, and more
The Waters Cooler: LSEG and ASX partner to modernize derivatives platform, MSCI acquires two companies, State Street bolsters data business, and more in this week’s news roundup.
Wilshire Indexes shutters, transfers operations
Investment firm Wilshire has told clients that production and publication of all indexes not already sold or returned to the asset manager’s ownership will be discontinued.
After Dora, ITRS pursues agentic AI for autonomous monitoring
Chief product officer says firms can bolster data resilience with new forms of AI.
