Merril Lynch rolls out trading platform for clients

Merrill Lynch is deploying a fully integrated electronic trading and prime brokerage platform for its clients.

The system, from TradingScreen, will be deployed globally. Using the TradeSmart system, Merrill Lynch's clients will be able to trade globally across all asset classes and monitor their real-time intraday positions and profit and loss within the application.

Jarrod Yuster, head of global portfolio and electronic trading at Merrill Lynch, said, "We are excited about the opportunity TradingScreen is offering us to package our prime brokerage services and electronic trading solutions into a single, multibroker platform."

He said, "A seamless integration of position management, stock loan, financing and multi-asset trading into one global platform will enhance Merrill Lynch's competitive edge for its hedge fund and institutional clients requiring bundled financing and execution services."

Read more about trading platforms:

RTS will support Turquoise European equity trading platform>>

Euronext to switch trading platform as merger nears>>