Citing an "increased use of market data services," Merrill Lynch & Co.'s second quarter earnings report took note of a hefty 15 percent increase in communications and equipment- rental expenses. The increase in data consumption added an extra $14 million to the line item, compared with the same period last year.
Meanwhile, separately -- but not surprisingly -- Merrill has stepped up its efforts to replace two key market data executives that it lost last month. The move is part of an effort to
Victor Anderson, editor-in-chief of Waters, joins the podcast to discuss Temenos’ potential acquisition of Fidessa.Subscribe to Weekly Wrap emails