Move Over, Mike: Merrill Lynch Buys EJV'S Bond Database

DATA CONSUMERS

Merrill Lynch & Co., a 30-percent owner of Bloomberg, has made the EJV Partners L.P.'s data widely available to its fixed-income traders and salespeople. The purchase of the EJV's descriptive and pricing database by Merrill is a big deal indeed for the once-struggling vendor: The EJV was conceived as an alternative to Bloomberg and as such would seem an unlikely candidate for Merrill's business.

Details as to how -- and precisely to what extent -- the firm is using the EJV's data remain sketchy

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