Fidelity May Replace ADP Broker Screens With Home-Grown

THIS WEEK'S LEAD STORIES

Fidelity Brokerage Services Inc., a Boston-based retail brokerage, may install its own broker workstation at its 53 branch offices nationwide. The workstation will give Fidelity brokers access to internal and market data, sources say, and will displace Automatic Data Processing Inc., currently the firm's retail branch quote provider.

Sources say Fidelity is testing 10 workstations at each of 10 major branch offices. Officials at Fidelity decline to confirm or deny the existence of the

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

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