All custody news

Canada’s Questrade picks CWB Trust Services as registered plans trustee

11 February 2022 Canada
Reporter: Jenna Lomax

CWB Trust Services, a wholly owned subsidiary of CWB Financial Group, has been appointed as a registered plans trustee for Questrade, the Canadian online brokerage. The appointment will be effective from spring 2022

Gemini acquires Omniex

07 February 2022 UK
Reporter: Jenna Lomax

Gemini has acquired Omniex, a trading technology platform that provides order, execution, and portfolio management system solutions for institutional crypto trading

Euroclear sees significant rise in assets under custody in 2021

28 January 2022 Belgium
Reporter: Jenna Lomax

Euroclear has revealed that at year-end 2021 it held assets under custody amounting to €37.6 trillion, a 15 per cent increase compared to the year prior

BNY Mellon completes onboarding of NPS fixed income portfolios

20 January 2022 South Korea
Reporter: Jenna Lomax

BNY Mellon has completed the onboarding of the fixed income investment portfolios of the National Pension Service of Korea, the world’s third-largest pension fund

Bloomberg’s BSKT service integrated with Citi’s ETF system ACES

18 January 2022 US
Reporter: Jenna Lomax

Bloomberg’s BSKT service and Citi’s proprietary exchange-traded fund system have been integrated to better support Citi’s ETF clients who use BSKT to negotiate fixed income baskets

Adapa Advisory partners with IAWMC

17 January 2022 UK
Reporter: Jenna Lomax

Essex-based Adapa Advisory has partnered with Investment & Wealth Management Consultants to further develop its presence in the wealth management and custody sectors globally

Digivault sees 30-fold increase in assets under custody in 2021

07 December 2022 UK
Reporter: Jenna Lomax

Digivault, the digital asset custody business within EQONEX Limited, achieved a 30-fold increase in assets under custody in 2021, reflecting the strong demand for accredited and regulated crypto-industry service providers

HSBC becomes first international custodian to facilitate a QFI trade in BSE

05 January 2022 China
Reporter: Jenna Lomax

HSBC has successfully facilitated a transaction in Beijing Stock Exchange, placed by an offshore investor via the Qualified Foreign Investor scheme, becoming the first international custodian to facilitate a QFI trade in BSE