PAX Division of Merrill Lynch Professional Clearing Corp (A subsidiary of Bank of America Corporation).   

In the fast-moving, volatile and highly leveraged world of options markets, where trading horizons may change in a matter of minutes, instantaneous information and mathematical analysis can give traders a crucial edge.

PAX Division of Merrill Lynch Professional Clearing Corp (A subsidiary of Bank of America Corporation) attracts and retains sophisticated and experienced professional, registered broker dealers by continually developing innovative information management systems that set industry standards.

Bank of America Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 37 countries and territories and total client assets of approximately $1.6 trillion. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns approximately half of BlackRock, one of the world’s largest publicly traded investment management companies, with more than $1 trillion in assets under management. For more information on Merrill Lynch, please visit www.ml.com