Clearing and Financing

Awards & Recognition

  • Global Custodian Prime Brokerage Survey


Clearing and Financing Solutions are an integral part of the BofA Merrill Lynch Global Markets Execution Services product suite. For over 25 years we have offered services to a broad range of clients consisting of hedge funds, professional traders including market makers and proprietary trading firms, ECNs/AT Ss, research sales and trading firms, advisors, and investment banks. We are committed to servicing our clients’ equity, option, fixed income, and futures clearing needs and providing best in class financing, stock loan, FX, SWAP and prime brokerage products.

We have experience serving mature businesses and helping start-ups. We understand the unique needs of our clients and work to provide the solutions to help them grow. For hedge funds we offer a highly praised Capital Introductions team that hosts over 40 events annually on a global basis and provides services ranging from working with clients on their marketing documentation and presentation skills, to organizing one-on-one road shows with investors and investor/manager round tables.

Client Types

  • Banks

  • Broker Dealers

  • Hedge Funds

  • Investment Advisors

  • Mutual Funds

  • Pension Funds

  • Proprietary Trading Firms

  • ECN/ATSs

  • Designated Market Makers (DMM)

Execution Products

  • Algorithms

  • Smart Order Routing

  • Direct Market Access

  • Crossing

  • Portfolio Trading

  • Co-Location

  • Global Capabilities

Clearing and Financing Services

  • Financial Futures

  • Equities

  • Options

  • Fixed Income

  • ETFs

  • ADRs/GDRs

  • Custody Services

  • Stock Loan

  • Financing

  • Risk/Margin Analysis

  • Consolidated Position and Trade Reporting

  • Middle Office Support

  • Introduced Prime Brokerage

  • Vendor Support

White Paper

JOBS Act: Implications, Implementation, and Predictions

The JOBS Act may drive sweeping changes to the U.S. financial services industry, in particular, a large number of "under the radar" hedge fund managers will become more public in order to raise their profile for both institutional and high net worth (HNW) investors.

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AIFMD Implications for Non-EU Managers

The Alternative Investment Fund Managers Directive (AIFMD) aims to provide harmonised regulatory standards for all entities that manage or market Alternative Investment Funds (AIFs) in Europe. The regulation will affect a range of firms including hedge funds, fund of hedge funds, private equity, venture capital funds and property funds. 2015 ESMA will review the passporting system and consider extending this to non-EU AIFs and non-EU AIFMs (e.g. Cayman funds). 2018 ESMA to publish a report on passport functioning. Private placements may be phased out in 2018. The private placement regimes are optional for Member States but the UK is expected to keep its existing regime in place.

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Prime Brokerage Business Consulting Services

Business Consulting Services (BCS) serves the unique strategic business goals and operating needs of hedge funds. We offer a broad array of services designed to launch, manage and grow your organization. Delivered by a single point of contact, you have trusted guidance and proven expertise to address your most complex needs.

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Expand Your Business with a Global Prime Brokerage Leader

Global Prime Brokerage is dedicated to serving the unique strategic goals and operating environments of hedge funds, alternative investment managers, professional traders and proprietary trading firms. We offer the powerful global capabilities and platform of Bank of America Merrill Lynch, delivered by a single point of contact with the insight and experience to address your most complex objectives.

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Updated Overview of SEC & CFTC Registration for Hedge Funds

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") has driven sweeping changes to the U.S. financial services industry. In particular, a large number of hedge fund managers who formerly were not required to be registered by the SEC and/or CFTC may now be subject to registration.

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