TheMarkets Bolsters Broker Evaluation Application
Launched in May, MeritMark collects and tabulates feedback from buy-side firms about the quality of sell-side research personnel and services, and delivers the results back to the broker-dealers providing the services. The system helps address the issue of over-supply of broker research, enabling investment managers to whittle down the number of broker-dealers from whom they receive research and with whom they trade, and giving sell-side firms insight into the areas in which they are serving
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