Merrill Lynch is deployinga fully
integratedelectronic trading and prime brokerage
platformfor 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."
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