Together with cross-product capabilities and client services, FXPB clients will have access to market liquidity and a completely integrated prime brokerage platform, which caters strategic services required for present global markets, Finextra reported.
The global financial services company said that the FXPB tool delivers an all-inclusive suite of client-driven service, such as access to position and trade rolling, trade matching, credit monitoring, live trade search and intraday valuation reporting.
BofA Merrill Lynch FX prime brokerage and clearing global head Peter Klein was quoted by the news portal as saying that the platform is dynamic and customizable, which provides clients with the flexibility and control to manage their bespoke FXPB needs.
"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," Klein added.
Bank of America Merrill Lynch’s prime brokerage business caters cross-product capabilities servicing equities, futures and fixed income, together with its foreign exchange business.
