The service launches in Australia and allows authorised participants to connect directly to the ACES platform for ETF order placement, creations, and redemptions
As part of the mandate, State Street will provide abrdn with custody, fund accounting, order-taking and transfer agency services as well as ETF servicing
The services will provide U.S. Bank’s clients with fund administration, transfer agency, depositary and global custody solutions, as well as a number of specialised European exchange-traded fund services
HSBC Securities Services has appointed Robert Rushe to the newly-created role of global product head for exchange-traded fund servicing, effective immediately
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
MarketAxess Holdings has appointed Kathryn Sweeney as head of index and ETF solutions, reporting to president and chief operating officer Chris Concannon