The distributed-ledger technology (DLT) driven settlement service, Project Ion, is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production
The introduction of an expiration date could throw global research markets and the relationships between European and global asset managers and US brokers into chaos, with detrimental impacts to competition in the investment research market
Licence approval will enable the bank to expand its Markets and Services business in the Abu Dhabi Global Market, offering custody support and associated services for institutional and sovereign wealth clients
The service, known as the 1042-S Classification Announcement, will lower the amount of tax withheld on distributions for non-US investors, prior to the payable date
The close of the Sanne acquisition leaves Apex servicing nearly US$3 trillion in assets across administration, depositary, custody and under management
