Merrill Lynch & Co. is launching a new version of its Securities Pricing Service (SPS) to track so-called emerging markets. The move is aimed at satisfying growing institutional demand for broader global end-of-day pricing data.
The new service--which is yet to be named--will be offered in addition to Merrill's current international pricing service. It will include an Emerging Country Index and end-of-day prices from a number of sources worldwide.
The index will track between 60 and 70 govern
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.Subscribe to Weekly Wrap emails