In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
Tag: broker dealer
Pershing has recruited two new sales directors who will be tasked to support its ambitious growth strategy for Europe.
Lisa Dolly announces intentions to step down as CEO of Pershing after more than three years in the role.
The appointment is the latest in a string of moves for HSBC Securities Services as it increases its focus on the banks and broker-dealer segment.
BNY Mellon's Scharf explained to investors the pipeline for new clients of Pershing is bigger than it has seen over the past five years.
The appointment rounds off the global restructuring of HSBC's securities services leadership, following the appointment of two new global co-heads for the business.
HSBC's former head of Americas securities services has relocated to London to focus on its banks and broker-dealer clients.
The new fixed income clearing and settlement offering was developed as part of SGSS’ ongoing work with Accenture Post-Trade Processing.
CrossWise was launched at the end of April to enable asset managers and banks/broker-dealers to outsource as many services as needed