A Bull Blazing a Trail
Traders Magazine, July 2001
Ever the pioneer, Merrill Lynch has been trading a small portion of its Nasdaq orders on an agency basis for over a year. Its modus operandi does not always involve bringing two naturals together, though. "There is no reason why you cannot act as agent for a client in a principal market," said Merrill's Nasdaq head, Leo Ressa. "It's how you approach each trade."
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