Novia Chooses Calastone for Order Routing, Net Settlement

luxembourg
Novia signs with Luxembourg-based Calastone for order routing.

By joining Calastone's global fund transaction network, Novia's clients will be able to send and receive fund order messages for domestic and cross-border trading.

"Novia is delighted to join the Calastone transaction network for both order routing and net settlement," says Richard Denning, Novia's chief operating officer. "We have been impressed how quickly Calastone has built market-wide connectivity to the global funds market and joining the network gives our clients access to an ever growing range of fund managers both domestically and cross border."

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