State Street has started providing access to CLS’s risk-mitigating foreign exchange settlement platform, CLSSettlement, for a Japanese-domiciled pension fund as a pilot fund
Nomura Asset Management is to be the first asset manager headquartered in Japan to provide access to CLS’ settlement platform for Japanese-domiciled funds
According to HKEX, an uncertificated, or paperless, securities market, investors could hold and transfer securities in their own name without share certificates or other paper documents
Hong Kong Exchanges and Clearing Limited has enhanced the designated specialist programme for its exchange-traded products, which include exchange-traded funds
The St. Petersburg Currency Exchange has launched exchange-traded repos with the Bank of Russia, using The National Settlement Depository’s collateral management system
18 December 2018Washington DC Reporter: Jenna Lomax
BNY Mellon will pay more than $54 million to settle charges of improper handling of 'pre-released' American depositary receipts, the Securities and Exchange Commission has revealed
17 December 2018Washington DC Reporter: Jenna Lomax
The Securities and Exchange Commission has appointed Jeffrey Mooney as associate director of the office of clearance and settlement in the agency’s division of trading and markets
