"Securities DIRECT allows us to provide clients with the speed, convenience and efficiency of electronic trading, and delivers those client benefits in a fully integrated fashion alongside BNY Mellon's other service delivery platforms," said Gary Strumeyer, president of BNY Mellon Capital Markets. "In that respect, it mirrors our strategic commitment to providing broker-dealer services that add value to client relationships across the entire BNY Mellon enterprise."
BNY Mellon Global Markets includes the Foreign Exchange and Derivatives businesses of The Bank of New York Mellon together with the securities businesses of BNY Mellon Capital Markets, LLC, an SEC registered broker-dealer 1 and BNY Mellon Capital Markets EMEA Limited 2. These businesses provide products for corporate, institutional and high net worth investors to access liquidity, execute investment and hedging requirements, and manage risk. BNY Mellon's derivatives business offers hedging products based in the interest rate, currency and equity markets, and BNY Mellon Capital Markets, LLC underwrites and transacts on exchanges and over the counter markets in a broad range of debt and equity securities.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.