Bank of America Merrill Lynch is a leading participant in the world’s currency markets, trading more than 150 major, minor and exotic currencies across a full product mix of spot, forward, option and short- and long-dated interest rate instruments.
In addition to our traditional phone-based trading centers, clients who prefer a low-touch channel can utilize our new Electronic Foreign Exchange (eFX) platform for faster execution and reduced processing costs. Corporate and institutional clients get two-way executable streaming prices 24 hours a day, Sunday through Friday.
Bank of America Merrill Lynch also provides clients premium service in:
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Treasury management services that are integrated into our online cash management platform, CashPro FX, offering multi‑currency payments in more than 150 currencies and electronic access to the bank’s international payment network
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Retail services, which are used by our banking centers and our clients, including wires, drafts, foreign transit items, foreign currency bank notes and foreign currency travelers checks
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Option market‑making in vanilla and exotic instruments and emerging market currency pairs
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Advisory services providing economic commentary, exchange and interest rate forecasts, trade ideas, quantitative risk analysis and option guidance
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FX prime brokerage