How Merrill Spends Its $52 Million Market Data Budget


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, vendo

To continue reading...

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 indvidual account here: