The service launches in Australia and allows authorised participants to connect directly to the ACES platform for ETF order placement, creations, and redemptions
The collaboration aims to allow fintechs, payment service providers, and financial institutions using the Fireblocks Network to access regulated on/off-ramp and settlement infrastructure across GCC currencies through a single counterparty
The platform, Allocator, enables managers to create a master portfolio framework and apply allocation changes and rebalancing actions across multiple accounts through a single workflow
The firm, which has operated in Hong Kong since 2010, says the move strengthens its presence in the market and supports the growth of its APAC operations
The capability enables the National Securities Clearing Corporation and Depository Trust Corporation to centrally clear ETF shares that include listed options as underlying components
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