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