Merrill Lynch Capital Markets To Pilot Teknekron While Evaluating Market Vision, Homegrown Systems

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Merrill Lynch & Co.'s capital markets trading group has moved closer to equipping itself with the new market data distribution infrastructure that may eventually support more than 1,000 fixed-income traders worldwide. According to John Galante, vice president and group manager of debt markets and technology at the firm, Merrill has now focused its attention on three providers of technology: Market Vision Corp., Teknekron Software Systems Inc. and Merrill's own technology staff.

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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