BoA-ML Shakes Up Broadcort

The firm can package its clearing and execution business platforms together to price services more competitively, according to Ruth Colagiuri, head of electronic trading products within the global execution services unit at BoA-ML, which also encompasses the Broadcort business.

"We are able to give clients a more focused coverage model, so they know they are dealing with one group across execution and clearing," she says. "We have had these two very strong technology platforms for a number of