Memphis-Based Morgan Keegan Shops For 420 Broker Positions


Morgan Keegan Inc. is shopping for a quote-vendor to support some 420 broker positions at its Memphis, Tenn., main office and 22 branch offices located mainly in the southeastern U.S. Two incumbents are at risk: Quotron and Shark Information Services Inc.

Quotron delivers its Q1000 service to the firm's retail brokers, numbering about 355, while Shark provides quotes to the firm's roughly 65 traders and institutional salesmen. In addition, Morgan Keegan has about half a dozen correspondent fi

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