Merrill Lynch

Discussion in 'Retail Brokers' started by Cotton, Dec 3, 2011.

  1. Cotton


    Are there any brokers that clear through ML that offer Both equities/options AND futures?
  2. rmorse

    rmorse Sponsor

    We can only offer equities and options at ML Pro. For futures we offer Penson Futures. Part of the issue with ML Pro is that they are set up to support other broker dealers with a JBO relationship or exchange market makers. They will take customer accounts, but only those that are well capitalized and do trading that not complicated. Also, each department within ML Pro is separate, so you have to have a different relationship with both the equity/option side and the futures side.

    If you looking for a customer account, I don't know anyone that offers both there.