Bank of America Merrill Lynch (BAML) has announced that its new foreign exchange (FX) prime brokerage platform has launched on BAML Mercury.
The platform incorporates position and trade rolling functionality, along with other capabilities, including trade matching, credit monitoring and intraday valuation reporting.
"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," says Peter Klein, global head of FX Prime Brokerage and Clearing at BAML. "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."
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