Merrill looks to new vendor

Merrill last week did not comment on the potential deal -- nor will it say which vendor supplies its existing customer forex trading technology.

Reuters said last week it does not confirm or deny purchase allegations as a matter of policy. But a spokesperson for the firm in London said news of Reuters’ link-up with AVT had generated "a lot of customer interest and we are holding a number of discussions".

If true, a sale to Merrill would be Reuters’ first since it bought AVT last December (FX W