Bank of America Merrill Lynch reported that its new foreign exchange prime brokerage (FXPB), Mercury, has gone live. The leading US bank has launched the trading terminal that provides users a range of services.
The Bank of America Merrill Lynch FXPB platform, offers a large selection of client-driven solutions which include, access to position and trade rolling, trade matching, credit monitoring, live trade search and intraday valuation reporting. Coupled with Bank of America Merrill Lynch’s world-class, cross product capabilities and client service, FXPB clients have broad access to market liquidity and a fully integrated prime brokerage offering, that delivers strategic solutions required in today’s global markets.
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“We have developed a platform that is dynamic and highly customizable 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, in a statement.
CFH Clearing, recently announced its relationship with Bank of America Merrill Lynch, the London-based broker replacing its relationship with Morgan Stanley.
Mercury is a trade mark of Bank of America Merrill Lynch.