Maybank Securities collaborates with Citi
18 December 2024 Singapore
Image: TTstudio/stock.adobe.com
Maybank Securities has collaborated with Citi to deliver a new market offering to retail investors in Singapore.
The offering will use Citi’s Securities Lending Access (CSLA) platform alongside Maybank Securities’ reputation as an established securities house in Singapore to aid the lending of retail clients’ global equity holdings, the companies say.
The platform also digitises the entire securities lending lifecycle, which is said to enhance investment opportunities available to clients across Singapore markets and provide more efficient share lending capabilities.
“With CSLA, Citi is enabling a broader base of market participants to reap the benefits of securities lending. We are proud to bring CSLA to Asia with Maybank Securities as we continue to develop leading digital solutions that bring value to our clients and address their evolving post-trade needs,” says Eusebio Sanchez, head of execution services for Japan, Asia South, Australia and Asia North at Citi.
Alexander Thorhauge, head of retail business at Maybank Securities, adds: “With the launch of securities lending, our retail clients now have a unique opportunity to generate additional returns from their existing portfolios. We are excited to collaborate with Citi.”
The offering will use Citi’s Securities Lending Access (CSLA) platform alongside Maybank Securities’ reputation as an established securities house in Singapore to aid the lending of retail clients’ global equity holdings, the companies say.
The platform also digitises the entire securities lending lifecycle, which is said to enhance investment opportunities available to clients across Singapore markets and provide more efficient share lending capabilities.
“With CSLA, Citi is enabling a broader base of market participants to reap the benefits of securities lending. We are proud to bring CSLA to Asia with Maybank Securities as we continue to develop leading digital solutions that bring value to our clients and address their evolving post-trade needs,” says Eusebio Sanchez, head of execution services for Japan, Asia South, Australia and Asia North at Citi.
Alexander Thorhauge, head of retail business at Maybank Securities, adds: “With the launch of securities lending, our retail clients now have a unique opportunity to generate additional returns from their existing portfolios. We are excited to collaborate with Citi.”
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