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Industry news

BofA Merrill Lynch launches FX prime brokerage platform


23 September 2013 New York
Reporter: Georgina Lavers

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Image: Shutterstock
Bank of America Merrill Lynch has launched its foreign exchange prime brokerage platform on Bank of America Merrill Lynch Mercury.

The platform offers access to position and trade rolling, trade matching, credit monitoring, live trade search and intraday valuation reporting.

"We have developed a platform that is dynamic and highly customisable to provide clients with the flexibility and control to manage their bespoke FXPB needs. The features available through our platform are a direct result of research and in-depth client feedback, and provide customers with direct access to the wide range of services we offer," says Peter Klein, global head of FX prime brokerage and clearing at Bank of America Merrill Lynch.

Bank of America Merrill Lynch's prime brokerage business offers cross-product capabilities servicing equities, futures and fixed income, along with its foreign exchange business.
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