BAML Joins Nodal Exchange as Clearing Member

Bank of America Merrill Lynch (BAML) is now offering clients Clearing Member services for Nodal Exchange through its existing membership with LCH.Clearnet.

“Our clients have a growing interest in Nodal Exchange products to help them meet their risk management needs, and we are now able to support their trading on this Exchange,” says Todd D’Agosta, head of Americas marketing for futures & options and OTC clearing, BAML.

“We are very happy to be able to add BofA Merrill Lynch to the group of clearing members supporting customer business on Nodal Exchange,” adds Ann Sacra, president and chief operating officer of Nodal Exchange.