BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

Automatic Data Processing, Inc. has begun digesting Bunker Ramo acquisition (MTR, February 1986), but declines comment on shape of resulting business. Source reports Bunker has been broken into two pieces -- brokerage services and banking services -- with former reporting to ADP Financial Information Services president John Gaven and latter being absorbed elsewhere. Mike Cooper, former Bunker vice president, sales and marketing, is said to be running brokerage unit, with Bunker president Bob

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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