Bank of America Launches High-Speed Trading Platform
Bank of America Merrill Lynch (BAML) has announced a new ultra low-latency trading platform, designed specifically to aid compliance with new regulation.
BAML Express, originally developed by Thesys Technologies, will offer sub-10 microsecond latency, connects to all major US equity exchanges. Risk controls required by recent SEC rules are embedded into the platform, according to BofAML.
"In this highly competitive environment, having the premiere trading platform is imperative as the market
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