Citigroup has been appointed Securities Clearing Agent by CLSA in Malaysia. CLSA is the first foreign broker in Malaysia to appoint a third party to clear and settle securities transactions executed directly on Bursa Malaysia Securities, the Malaysian stock exchange. Under the mandate, Citigroup will provide back office securities clearing services for CLSA’s new brokerage business in Malaysia. CLSA is among the first foreign brokers to receive approval from local authorities including the Securities Commission in Malaysia to become direct trading members of Bursa Malaysia Securities. Further to this approval, and with the endorsement of the Securities Commission, CLSA has appointed Citigroup as their ‘account operator’ to handle certain operational activities relating to trades executed by CLSA on the stock exchange, including securities clearing and settlement.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more