Equity Execution Services

Products and Services

Awards & Recognition

#1 U.S. Algo Provider

Forefactor Canadian Investment Technology Awards, 2011
#3 in All-Europe Research Team Survey

Institutional Investor, 2011
#2 in All-Emerging Markets Equity and Fixed Income Research Team Survey

Institutional Investor, 2011
#1 All-Asia, All-China and All-Japan Research Team Surveys

Institutional Investor, 2011
Top 3 player in U.S. Equity Electronic Trading

Greenwich Associates, 2011

Overview

Global Execution Services is Bank of America Merrill Lynch's electronic trading and related services platform, which offers a full suite of premier multi-asset trading solutions equity and listed derivatives trading solutions enhanced by the Firm's vast global resources, access to superior liquidity, world-class technology and leading scale positions in the capital markets.

The range of offerings includes:

Capital commitment and Block trading
Portfolio trading
Direct market access
Quantitative analytics and research
Algorithmic trading platform

Our programs are flexible, easily accessible and supported by exceptional client service and support. In our global execution services platform we offer:

Global Execution Services

Characteristics of Execution Services

Global connectivity and routing
High speed, customizable, anonymous electronic trading
Centralized order flow across all client segments to maximize internal crossing
Centralized risk management
Access to extensive global data infrastructure and client-customized quantitative research
Customizable execution services to meet individual client needs
Superior client service and execution guidance

Perspective

Trader Trends

Use a Passive Algorithm for Orders with Low Expected Alpha

A passive algo like BofAML's Instinct® 2, that utilizes a combination of dark pool overlays and real-time signals, can minimize impact when filling an order.

Adapt and Optimize with Real-Time Signals

Adaptive algos such as BofAML's Instinct® use a broad array of trading signals to dynamically adjust to changes in market conditions. Signals can be generated from a spectrum of data such as volume and volatility projections, order book quotes and trade events.

Market Color Alerts Keep You Informed Of Outliers

Excess trade frequencies, large quote sizes, sudden price gaps—active traders need to be aware of substantial amounts of information on a moment to moment basis. Not knowing about an event that impacts your securities of interest can result in lost opportunity. Market Color Alerts are a highly-customizable tool that can be used at your desk or on the go, to deliver immediate notification of an...

Increased Liquidity Into The Close Can Impact Execution Performance

The percentage of daily trading volume executed near the close has recently increased. The liquidity available, as measured by quote depth, has also increased, particularly in the last 5-10 minutes of the trading day. These two factors along with a stable bid/offer spread during this period can positively impact order performance for clients.

Not All Smart Routers Are Created Equal

Approximately 75% of US equity market volume is executed on lit venues so exchanges and ECNs deserve the same careful review applied to dark pools. Buy side traders need sophisticated smart order solutions that efficiently navigate the thirteen Reg NMS protected exchanges, none of which commands more than 20% market share. The BofA Merrill Lynch smart order router is unbiased – inputs include real...