Comerica Securities Introduces New Online Money Market Trading System
DALLAS, May 4 -- Comerica Securities has introduced Maestro, a new online money market trading system designed especially for institutional customers of Comerica Securities.
Comerica Securities' Maestro system can be accessed 24 hours a day, seven days a week through Comerica's home page http://www.comerica.com. 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' institutional customers, the Maestro system allows those customers to manage their accounts more 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.
"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," explained Ross Rogers, senior vice president and chief executive officer of Comerica Securities.
Comerica Securities is a broker/dealer, member FINRA/SIPC, and a subsidiary of Comerica Bank. Comerica Securities and Comerica Bank are subsidiaries of Comerica Incorporated (NYSE:CMA) a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $57.1 billion at March 31, 2010. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
CONTACT: Kathy Pitton (Michigan), +1-313-584-4523,
kapitton@comerica.com, or Wayne Mielke (Texas), +1-214-462-4463,
wjmielke@comerica.com, or Alfredo Padilla (California), +1-213-486-6222,
aepadilla@comerica.com, all of Comerica Bank