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Comerica Launches New Online Money Market Trading System

Comerica Securities, a subsidiary of Texas-based Comerica Bank, has introduced Maestro, a new online money market trading system designed especially for its institutional customers.

The new Maestro system can be accessed 24 hours a day, seven days a week through Comerica’s webpage. Through the Maestro system, Comerica Securities’ institutional customers can place and cancel trades, check daily activity reports, and review their money market and ‘sweep’ account balances.

In addition to improving access and investment options for Comerica Securities’s institutional customers, the Maestro system allows those customers to manage their accounts efficiently. Institutional customers who oversee numerous subsidiary accounts will now be able to act on those accounts individually or collectively with a single sign on.

Ross Rogers, senior vice president and CEO of Comerica Securities, said: “With the constant need for information in today’s business environment, Maestro is a tool that can be a great asset for our institutional customers – saving time and enabling them to work more effectively.”