Merrill Lynch

Merrill Lynch provides fully anonymous and service oriented portfolio and algorithmic trading offering:

Unique Forms of Liquidity

• Largest non-exchange liquidity pool
• Consistently largest broker market share on NYSE⁽¹⁾
• Benefit from low alpha crossing opportunities
• Crossing methodology built with anti-gaming logic to protect against adverse selection

Algorithms designed to be fully modular/flexible

• Sophisticated yet streamlined algos
• Volume and volatility forecasting reduce slippage
• Represent orders in multiple pools of un-displayed liquidity while trading in continuous market without signaling the market.

⁽¹⁾ NYSE, "Broker Volume", July 2007