Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service.
BBH appointed two long-time members of the business as co-heads of global securities lending, replacing Keith Haberlin who was appointed as head of BBH’s FinTech department.
The mandate suggests larger-sized asset owners and asset managers now see outsourced trading as a viable solution for their investment operations.
EquiLend has taken the number of users for its flagship NGT securities finance electronic trading platform to over 100 firms.
The French global custodian has hired Northern Trust's former APAC head of securities lending trading.
The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.
Citi aims to capture increased business from existing and prospective hedge fund clients by offering a full coverage of pre- and post-trade services.
The French bank has onboarded eight clients across Europe onto its front-to-back outsourcing platform CrossWise.
Fillmore Advisors will become part of the recently-established prime brokerage division at INTL FCStone, as it looks to expand on outsourced trading for hedge funds.