Broadcort®
Broadcort® is recognized as one of the leading providers of clearing and execution services to U.S. Broker Dealers. Our top priority is to deliver our clients customized solutions by providing the latest technological advances coupled with a commitment to exceptional client service. As a division of Merrill Lynch, Broadcort has the resources to support even the most complex business requirements. Broadcort understands your need for flexible, integrated solutions that cover the full range of clearance, execution, financing and operational requirements and is prepared to deliver the solutions necessary for you to excel in today’s marketplace.

Broadcort’s institutional clearing services include equities, options, fixed income and international securities. We offer a secure internet product, Broadcort Online (BCOL), hosted on the Merrill Lynch MLXtm portal. BCOL applications support electronic downloads of all brokerage related information and provides clients with real-time intra-day monitoring of activity and settlements with the ability to view real-time status of all customer trades from input through affirmation and settlement, real-time street reconciliation, online DVP account opening for equity and fixed income products with an interface to Omgeo ALERTsm , integrated straight through processing solutions for block trade allocations with interfaces to Omgeo OASYS and OASYS Global, robust reporting tools and access to client statements and trade confirmations. Broadcort Online also offers the ability to customize client reports through our flexible web-based adhoc report writer, providing additional report customization services. Broadcort Customer Portalsm is the end-clients portal for important account information. The end-clients of our broker-dealers can access this portal to obtain client statements, confirms and other account related information.

Broadcort provides direct market access via ML X-TRADE to U.S. equity and options exchanges, ECNs, and other liquidity providers. Options orders can be routed through our proprietary smart routing engine, which directs orders to the exchange displaying the National Best Bid or Offer (NBBO). Broadcort provides innovative trading solutions through state-of-the-art, customized technology platforms and interfaces for the full spectrum of your trading activity. We have one of the most extensive equity and options order routing infrastructures available in the marketplace today. In addition, we offer the flexibility to interface your proprietary or third market trading systems to Broadcort’s routing network for access to all of our execution destinations.