Bank of America Merrill Lynch

149 results about this entity

Period: 09 Oct 2007 - 05 Oct 2022

Financial firms to launch futures trading venture

News that a consortium of banks and trading firms are teaming up to establish an all-electronic futures trading exchange sent shares in CME Group tumbling over the holiday season.

IPC scoops Merrill VoIP trader turret order

Merrill Lynch has contracted with IPC Systems for the installation of almost 4000 of the vendor's voice over Internet Protocol (VoIP) trading turrets across its global trading floors.

Wall Street firms to share Nasdaq 144A securities platform

A consortium of Wall Street banks have opted to ditch their competing electronic trading system for unregistered securities in order to cooperate on a single platform operated by Nasdaq.

EuroCCP names Citi's Diana Chan CEO; Merrill's Trevor Spanner COO

EuroCCP - the DTCC clearing and settlement subsidiary that will provide services to Project Turquoise - has named Citi's Diana Chan as its new CEO and Trevor Spanner from Merrill Lynch as COO.

Nyse Euronext teams with Bids for block trading JV

Exchange operator Nyse Euronext is establishing a block trading joint venture with Bids Holdings, the Wall Street consortium that is setting up its own alternative platform for equity block stock trading.

Merrill loss sparks speculation of Bloomberg stake sale

Merrill Lynch could be looking to sell its 20% stake in US financial information business Bloomberg to raise capital after writing down $8.4 billion of assets in its third quarter.

Merrill launches hosted technology platform for hedge funds

Merrill Lynch has launched an outsourced middle and back office management system for hedge funds which is based on technology from UK-based GlobeOp Financial Services.

Wall Street firms pay $180 million to buy back into TradeWeb

Nine Wall Street firms are to pay Thomson Financial $180 million to purchase a minority stake in electronic fixed income platform TradeWeb.

Merrill Lynch to build Toronto technology hub

Merrill Lynch is to build a new technology centre in Canada, employing several hundred financial and IT professionals.