Bank of America Merrill Lynch (BofA Merrill) has unveiled new advanced features on its global trading and consulting platform, providing buy and sell-side clients with more efficient order handling and improved fill rates for options trading.
Trader Instinct, the firm’s multi-asset global trading platform, offers a wide range of customisable trading solutions to meet client objectives. The new enhancements to the Instinct Options component of the platform include an infrastructure upgrade, a range of new algorithms, and direct option market data feeds for more efficient, finely tuned processing.
According to Meaghan Dugan (pictured), head of Electronic Options Product: “The investment into Instinct Options demonstrates BofA Merrill’s ongoing commitment to evolve our platform and continually create value for our clients.
“The US options market continues to change in complexity, and our clients are increasingly looking to us for smarter and more effective ways to capture liquidity. We are proud to unveil the new functionality and features that will deliver options trading execution and consulting through one intelligent platform.”