BNP Offers Post-Trade Services for LSE, SGX Collaboration

bnp-paribas-uk1-web
Paris-headquartered BNP Paribas will support post-trade services to LSE, SGX members in cross-trade agreement.

Under the agreement, LSE members are to trade shares on the International Board in the top 37 companies listed on the SGX, while SGX members will trade blue-chip, FTSE 100 stocks in the first half of 2013. LCH.Clearnet will provide clearing services for the cross-trade agreement.

"We are a local custodian in 25 markets clearing 2 million executions daily as a member of 11 clearing houses globally," says Philippe Ruault, global head of clearing and settlement at BNP Paribas Securities Services. "We have a long track record of simplifying complexity in the post-trade environment. This puts us in a strong position to help clients with their post-trade requirements, and to help exchanges with their international growth ambitions. We look forward to supporting the LSE and SGX in future initiatives."

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here