BNY Mellon’s central securities depository links up with Euroclear

The US custodian and asset manager has developed its central securities depository by establishing a link with rival Euroclear and announcing its first external client

US custodian and asset manager BNY Mellon has developed its Belgian-based central securities depository by establishing a link with rival Euroclear and announcing its first external client.

The link between international central securities depository Euroclear and BNY Mellon CSD was initially launched in June, according to a statement from BNY Mellon on Wednesday.

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