Automatic Data Processing Plans Single Worldwide Service For Market Data

THIS WEEK'S LEAD STORIES

Automated Data Processing, Inc. has set its sights on consolidating its existing market data services into a single product that would be available worldwide. The vendor is considering combining its disparate European and U.S. services into a single Partner service "possibly within the next 12 months," according to sources close to ADP.

By offering a single service, ADP believes it can simplify its marketing effort and strengthen its profile with the full spectrum of the brokerage community --

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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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