With the addition of Pipeline’s Block Board, GlobeClear supports over 60 OTC and 50 trading venues, providing access to the major European exchanges and MTFs.
It provides clearing and settlement agency services covering all fixed income and equity securities for banks, brokers and hedge funds that want to trade in the global markets.
JP Morgan Worldwide Securities Services market manager for banks and broker dealers in EMEA Mike Reece said the provision of clearing and settlement services for Knight on Pipeline’s Block Board is an important component of GlobeClear’s market coverage and connectivity.
"A choice of venues and services is more important than ever for our clients; it is vital for market participants to connect to a range of exchanges and MTFs to access liquidity across a fragmented market," Reece said.
