Although the clamour for transaction cost analysis (TCA)
tools is growing amongst buy side firms, they face numerous challenges if they
are going to use them effectively, said panelists at Profit & Loss’ Forex Network New York conference.
“Best execution has ...
Rob Maher has joined Bank of America Merrill Lynch (Baml) as
managing director, head of electronic trading sales for the Americas.
Based in New York, this will be Maher’s first role since leaving
his position as managing director, global ...
Earthport, which provides a payment network for cross-border payments, says that it is expanding service with Bank of America Merrill Lynch (BAML).
The firm says that the service will add numerous new countries and currencies to the bank’s online and file based banking portal, CashPro, further expanding the bank’s international Automated Clearing House (ACH) payment capabilities.
As a result of this deal, BAML clients will be able to access cross currency payments in more than 60 countries and nearly 25 currencies, expanding upon the relationship between Earthport and BAML that was first announced in 2013.