Merrill Lynch Evaluates Charles River, But Trade Master May Need Customization
ORDER MANAGEMENT & ROUTING
PLAINSBORO, New Jersey--Merrill Lynch Asset Management was scheduled this week to start evaluating Charles River's Trade Master trade order management and routing software this week at its buy-side trading floor's test lab in this suburb of New York City. If successful, the test could lead to a decision to terminate the institutional investor's long-standing relationship with Merrin Financial.
MLAM and Charles River officials declined to speak for attribution. But a source familiar with the
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