This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BNY Mellon Capital Markets Launches Securities DIRECT® Electronic Portal

NEW YORK, Oct. 15, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, today announced the launch of Securities Direct ®, an online portal offering a broad range of debt products to institutional investors.  Securities DIRECT ® is being provided by BNY Mellon Capital Markets, LLC, an SEC registered broker-dealer that operates as part of BNY Mellon Global Markets.

Leveraging the strength and breadth of BNY Mellon Capital Market's fixed income trading desks and demonstrating BNY Mellon's commitment to technological innovation, Securities DIRECT has been designed to provide easy and efficient access for institutional investors to treasury bills, agency securities, corporate bonds, commercial paper and other debt securities.  Products currently available include U.S. Treasuries (T-bills and short maturity notes), commercial paper and certificates of deposit.  Short corporates and agencies will be added during the fourth quarter, and future releases will include longer term maturities, municipal bonds and other asset classes.

Securities DIRECT will provide authorized users with a number of client-focused features and functionalities.  Information will be provided on current yields for different fixed income asset types.  Users will be able to export data and search by asset class, rating, maturity and other parameters. "Click and buy" ticketing will be available, and the portal's robust on-line reporting will include order status and trade history reporting.

The platform will include client-managed limits and trade size restrictions to govern transaction flow and manage risk.  Clients will continue to have direct access to the BNY Mellon Capital Markets sales desk to address specific trades and authorizations.  In keeping with BNY Mellon's strategic commitment to enterprise-wide platform integration, Securities DIRECT will provide efficient access for authorized users to BNY Mellon's custody, treasury services and liquidity management platforms, delivering significant straight-through processing benefits in terms of both efficiency and reliability.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs