23 April 2014 - Luxembourg-based post-trading services provider Clearstream International
SA, part of the Deutsche Boerse AG (ETR:DB1) group, has agreed to take over the Ireland-based Financial Institution Hedge Fund custody processing business of global administration and financial services provider Citco Group of Companies, the pair said in a joint statement today.
GAIN is used since 2009 by Clearstream International
as a central pricing hub and takes over the daily pricing of over one million securities based on an extensive set of rules and the integration of more than ten pricing sources.
RBC Dexia Investor Services has been appointed to act as the Canadian sub-custodian for the unit of Clearstream International
(CI) and its German subsidiary, Clearstream Banking AG (CBF), were accused by the Commission of having refused, from December 1999 to November 2001, to provide certain primary clearing and settlement services to Euroclear for securities issued in Germany and of applying discriminatory rules to the firm.
Lee James extended his supremacy of this season's Challenge Tour by romping into the halfway lead in the Clearstream International
Andre Lussi, a former UBS managing director who leads international clearing and settlement firm Clearstream International
, said it's largely a question of culture.
Deutsche Borse Group includes Deutsche Borse AG, a DAX company and one of the world's largest exchange organization, its wholly-owned subsidiaries Clearstream International
Deutsche Borse Group currently includes Deutsche Borse AG, a DAX company and the world's largest stock exchange organisation, with its wholly-owned subsidiaries Clearstream International
EPIM, a joint venture of Euroclear, Clearstream International
, and The Depository Trust & Clearing Corporation, standardizes the messaging link for the ECP market, enabling dealers, issuing and paying agents, and national numbering agencies to exchange issuance information and obtain ISINs from the clearing systems quickly.
Hoenn is Vice Chairman of the Supervisory Board of Euronext (the European stock exchange), a Board member of Clearstream International
and a member of France's financial markets commission (CMA).
SeeBeyond (Nasdaq:SBYN), a leading global provider of eBI solutions, today announced that Clearstream International
, a leading international clearing and settlement organization, has selected SeeBeyond's flagship product, e*Gate(TM) Integrator, as its enterprise standard to process the ISO15022 securities messages to enable continuous settlement processing and handle increasing volumes of transactions resulting from market growth.
The commercial paper messaging service, called the European Pre-Issuance Messaging (EPIM) service, is being developed by Euroclear, Clearstream International
and The Depository Trust & Clearing Corporation (DTCC).