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Trading technology venue, MillenniumIT, has had its PostTrade platform integrated into the Singapore Exchange’s (SGX) Central Depository Pte. Limited’s (CDP) operations, according to a London Stock Exchange (LSE) statement.
MillenniumIT caters to a number of exchange groups, including the LSE, Borsa Italiana, Oslo Børs,Turquoise, the London Metal Exchange (LME), and the Johannesburg Stock Exchange (JSE), including others. Its PostTrade platform helps facilitate real time clearing and settlement for the institutional clients and exchange groups. Its PostTrade platform was initially launched in Europe back in 2013.
The new integration will see this platform supported by SGX’s CDP business, which will aim to ... (read more)