From High Touch to High Tech at Merrill
Traders Magazine, April 2005
Merrill Lynch, a block trading house long esteemed for the skills of its high-touch traders, is now embracing a more high-tech approach. New leaders at Merrill are promoting more computers in information-gathering as well as in the execution process. "We are investing in automation where it enhances the performance of the firm and the execution outcomes for our clients," says Mike Stewart, Merrill's newly appointed head of global cash equity trading.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.