05.22.2020

Pershing Expands Equities Trading Services In EMEA

05.22.2020

BNY Mellon’s Pershing Limited (“Pershing”) has announced the expansion of Pershing Trading Services in EMEA, extending its integrated execution to custody services.

As part of this expansion, Pershing Trading Services (PTS) now offers its global equity trading services to firms who do not hold custody on the Pershing platform and beyond the UK and Ireland. PTS has completed the successful onboarding of 17 clients since October 2019. The clients consist of wealth and asset managers based across EMEA, including in the UK, the Netherlands, Denmark, Dubai and Luxembourg.

Pershing’s expanded offering, which provides integrated execution to custody clients, comes at a time when buy-side firms are increasingly looking to external trading support and services. The business continues to experience strong demand from financial institutions as trading activity is complicated by heightened market volatility, regulation and cost pressures.

Michael Horan, Head of Trading at Pershing EMEA, said: “Pershing has a long heritage of providing trading services to some of the largest wealth and asset managers in the UK and Ireland. The recent growth of our trading business is reflective of both our expertise in supporting clients throughout the entire trade lifecycle, as well as increased demand for trading services from clients facing growing complexity and volatility in markets. In addition to our global trading expertise, our integrated execution to custody solution supports clients with the operational challenges they are facing to drive new efficiencies.

“In this uncertain environment, it is more important than ever to support clients in effectively and efficiently navigating the market volatility. This means acting as a partner and trusted advisor with clients to support their growth over the long-term.”

Geoff Towers, Chief Executive Officer of Pershing Limited, added: “Over the past few years we have made our services increasingly modular so that clients can switch on or off the parts they need as their business model evolves.

Extending our trading services as a stand-alone offer, as well as offering it as an integrated execution, clearing, settlement and custody service, was a natural extension of this. We’re delighted with the early client response.”

Source: Pershing

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. Tokenization is evolving from experimentation into scalable financial market infrastructure.

  2. The collaboration aims to accelerate adoption of tokenized investments.

  3. Research Platform Launches Ahead of MiFID II

    70% of large asset managers believe AI-generated “maintenance” coverage will become a baseline.

  4. ETF use by institutional asset owners has grown at a faster rate than the general market.

  5. Basel Committee Consults on Interest-Rate Risk

    Sharplink will deploy some of its staked ethereum treasury into institutional onchain yield strategies.