BofA Merrill Launches Next Generation Trading Platform
Bank of America Merrill Lynch (BofA Merrill) has launched BofAML Express, the firm’s next generation market access and risk control platform for US equities. The platform delivers sub 10-microseconds of wire-to-wire latency and provides an embedded series of risk controls required by recent SEC regulation.
The platform, initially developed by Thesys Technologies, currently connects to all major US equity exchanges. Additionally, the parties have entered into a strategic arrangement to leverage the core technology offering for other electronic trading opportunities across asset classes and markets spanning Europe and Asia.