Equity Trustees Chooses Calastone For Order Routing


Equity Trustees (EQT), an Australian managed fund and financial services firm, has decided to use the order routing service of Calastone—a provider of an independent cross-border transaction network—for its 52 fund managers.

Calastone offers electronic order routing between fund buyers and fund providers, regardless of the size or format of the messages they use. Calastone translates all the fund order messages it receives from distributors into ISO 20022—the industry standard messaging format f