Southwest Securities Signs Deal With ILX; Dumps ADP's Shark


ADP's Shark Information Services has lost the last of its five large brokerage house customers, as Dallas-based Southwest Securities has just signed a three-year contract with ILX Systems. Under the deal, Southwest will replace Shark with Windows-based ILX terminals at over 400 internal and correspondent positions firmwide. ILX competed favorably against Reuters' Quotron and ADP's Power Partner.

In years past, Shark had five major brokers as clients: Milwaukee-based Robert W. Baird & Co., Jef

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