Merrill Rolls Web-Based Data Service

INTERNET WATCH

Merrill Lynch has launched Merrill Lynch Online (MLO), a Web-based service that offers Merrill clients access to market data, proprietary research, account information and electronic bill payment. The data--which is delayed--is being supplied by ILX Systems; there are plans to make the data real time.

Embedded in the MLO software is a Netscape Communications' Navigator Web browser that gives users access to the Web, and will eventually connect clients' home-based PCs to the firm's Trusted Global

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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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