Prudential Sticks With ADP For Domestic Retail, APS Arts/Telekurs For HQ, International

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Prudential Securities Inc. will retain incumbent quote terminal provider Automatic Data Processing Inc. to supply a new market data display system to its 320 domestic retail branches. The firm, however, will equip its New York headquarters and its international branches with quote terminals served by American Real-Time Services Inc.'s ARTS Quote II display and feed-handling software, and Telekurs (North America) Inc.'s Ticker data feed.

Prudential has been evaluating possible vendors for the

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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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