|
Clearstream has launched a new settlement link to provide institutional investors access to Philippine securities. The company will offer settlement and custody services for all asset classes denominated in the Philippine Peso, i.e. for listed equities, government bonds, corporate bonds, warrants, treasury bills and depository receipts. Clearstream customers will have the opportunity to develop post-trade solutions for the Philippine market using Clearstream as their single point of access. Clearstream is the only international central securities depository (ICSD) with a fully operational settlement link to the Philippines. Standard Chartered Bank, Philippines, is Clearstream’s local partner and will act as sub-custodian.
Mark Gem, Member of the Executive Board of...
|