Parker/Hunter Flees To ILX As Morgan Keegan Re-Ups With Quotron
BROKER WATCH
Two of Quotron's regional brokerage customers have made quote platform decisions in the past two weeks: Pittsburgh-based Parker/Hunter Inc. has opted to switch to ILX Systems Inc., removing some 150 Quotron terminals. Meanwhile, Memphis, Tenn.- based Morgan Keegan Inc. will renew its agreement with Quotron and increase its terminal count from 400 to 500.
The loss of Parker/Hunter and the close call at Morgan Keegan bode ill for Quotron's stated strategy of shifting focus to regional brokerage
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