Euroclear has now been granted six licenses for its various CSDs in Belgium, Finland, France, the Netherlands and Sweden.
The new connection aims to facilitate cross-border settlement in TARGET2 Securities (T2S) markets, giving easier access to Baltic securities.
SGX stated the new rates would make it more attractive for institutional investors to borrow, and could result in higher volumes.
APAC markets outside of China are seeing renewed interest from global institutional investors following a series of market structure and regulatory reforms.
Clearstream went live with the InvestorCSD model last year with the aim of providing banks a single access point to both T2S and its ICSD services.
One of the main goals of the new technologies is to automate internal tasks and workflow processes.
Euroclear Bank will be able to offer clients the choice between euro settlement in both commercial bank and central bank money.
Preparing DTCC for the future: Global Custodian awards Lifetime Achievement honour to Michael Bodson
DTCC's chief executive, Michael Bodson, handed Global Custodian's Lifetime Achievement award at Industry Leaders event in New York.
Sponsored clearing services among factors leading to a major rise in aggregate cleared repo and reverse repo volumes.
First State Investments will use the service for end-to-end automation of its UK investment funds from order placement, to settlement and asset servicing.