FXall has added Bank of America Merrill Lynch (BAML) as a clearing broker to its electronic communications network (ECN) for spot FX execution, Order Book, FX Week reports. The deal will allow BAML’s clients to access the Order Book platform directly.

It will also help build extra liquidity options and trade processing efficiencies for clients. Currently, BAML offers pricing to FXall’s portfolio order management system, an automated system for managing spot FX, non-deliverable forwards and metals for institutional and retail customer orders.