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Standard Chartered expands MENA custody network with Egypt launch
Standard Chartered expands MENA custody network with Egypt launch

Zawya

time5 days ago

  • Business
  • Zawya

Standard Chartered expands MENA custody network with Egypt launch

Standard Chartered announced today the launch of its direct custody services in Egypt, further expanding its global post-trade offering across the Middle East and North Africa (MENA). This important milestone builds on the successful rollout of its direct custody services in the Kingdom of Saudi Arabia earlier this year and reflects the Bank's broader strategy to deepen its presence across high-growth, strategically important markets. The service enables institutional clients to hold and manage a wide range of securities with greater efficiency, transparency, and security. Operated through Standard Chartered Bank Egypt, the platform supports a wide range of securities including equities, treasury bills, government bonds and corporate bonds. Services include safekeeping, settlements, and corporate actions, and can be delivered via various mediums including through the Bank's globally renowned Straight2Bank (S2B) platform. Mohammed Gad, Chief Executive Officer, Standard Chartered Egypt, said: 'This launch represents a key milestone in our efforts to strengthen Egypt's financial infrastructure and expand investor access to the region. Egypt is a vital market for us, not only as a new BRICS member, but as a rising investment hub linking Africa, the Gulf and beyond.' He added: 'By introducing direct custody services from day one, we are providing our institutional clients with greater speed, transparency, and operational efficiency. Backed by our global platform and deep local expertise, this offering will help unlock capital flows into Egypt and support the growth of a more resilient, connected capital market.' The custody service in Egypt is fully licensed by the Financial Regulatory Authority and approved by the Central Bank of Egypt. It supports Egypt's broader ambitions to modernise its financial ecosystem, attract foreign direct investment, and diversify sources of capital in line with Vision 2030. With growing interest from investors across Asia, the Gulf and Africa, the launch is well-timed to meet demand for institutional-grade infrastructure and post-trade solutions. Scott Dickinson, Regional Head of Financing and Securities Services AME, said: Standard Chartered's expanding custody footprint across the region underlines its commitment to supporting capital markets in key emerging economies. By improving investor access, raising service standards, and helping to attract long-term capital, the Bank continues to play a leading role in connecting global investment to opportunity across the MENA region. For further information please contact: Wasim Ben Khadra (WBK) Cluster Head of Corporate Affairs, Brand, Marketing & Head of Communications for UAE, Middle East and Pakistan Standard Chartered About Standard Chartered We are a leading international banking group, with a presence in 54 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. For more stories and expert opinions please visit Insights at Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

Standard Chartered Expands MENA Custody Network with Egypt Launch
Standard Chartered Expands MENA Custody Network with Egypt Launch

bnok24

time6 days ago

  • Business
  • bnok24

Standard Chartered Expands MENA Custody Network with Egypt Launch

Standard Chartered announced today the launch of its direct custody services in Egypt, further expanding its global post-trade offering across the Middle East and North Africa (MENA). This important milestone builds on the successful rollout of its direct custody services in the Kingdom of Saudi Arabia earlier this year and reflects the Bank's broader strategy to deepen its presence across high-growth, strategically important markets The service enables institutional clients to hold and manage a wide range of securities with greater efficiency, transparency, and security. Operated through Standard Chartered Bank Egypt, the platform supports a wide range of securities including equities, treasury bills, government bonds and corporate bonds. Services include safekeeping, settlements, and corporate actions, and can be delivered via various mediums including through the Bank's globally renowned Straight2Bank (S2B) platform Mohammed Gad, Chief Executive Officer, Standard Chartered Egypt, said: 'This launch represents a key milestone in our efforts to strengthen Egypt's financial infrastructure and expand investor access to the region. Egypt is a vital market for us, not only as a new BRICS member, but as a rising investment hub linking Africa, the Gulf and beyond He added: 'By introducing direct custody services from day one, we are providing our institutional clients with greater speed, transparency, and operational efficiency. Backed by our global platform and deep local expertise, this offering will help unlock capital flows into Egypt and support the growth of a more resilient, connected capital market The custody service in Egypt is fully licensed by the Financial Regulatory Authority and approved by the Central Bank of Egypt. It supports Egypt's broader ambitions to modernise its financial ecosystem, attract foreign direct investment, and diversify sources of capital in line with Vision 2030. With growing interest from investors across Asia, the Gulf and Africa, the launch is well-timed to meet demand for institutional-grade infrastructure and post-trade solutions Scott Dickinson, Regional Head of Financing and Securities Services AME, said: Standard Chartered's expanding custody footprint across the region underlines its commitment to supporting capital markets in key emerging economies. By improving investor access, raising service standards, and helping to attract long-term capital, the Bank continues to play a leading role in connecting global investment to opportunity across the MENA region Google News تابعونا على تابعونا على تطبيق نبض

ATFX Connect Appoints Professor Trevor Williams as Consultant Economist
ATFX Connect Appoints Professor Trevor Williams as Consultant Economist

Yahoo

time11-08-2025

  • Business
  • Yahoo

ATFX Connect Appoints Professor Trevor Williams as Consultant Economist

ATFX Connect Appoints Professor Trevor Williams as Consultant Economist LONDON, Aug. 11, 2025 (GLOBE NEWSWIRE) -- ATFX Connect, the institutional arm of ATFX, is pleased to announce the appointment of Professor Trevor Williams as its Consultant Economist. This strategic move underscores ATFX Connect's commitment to delivering expert-driven macroeconomic insights and analysis to its growing base of institutional clients. As Consultant Economist, Professor Williams will deliver economic commentary and strategic insights to strengthen ATFX Connect's thought leadership. His involvement will enhance the company's institutional positioning and equip clients with deeper insights into today's fast-evolving economic landscape. A Respected Voice in Global Macroeconomics With a distinguished career in the finance industry, Professor Williams has held several senior roles across banking and policy institutions. He served as Chief Economist at Lloyds Bank Commercial Banking, one of the UK's largest banks, for over 10 years. In addition, he serves as the Rotating Chairman of the Institute of Economic Affairs Shadow Monetary Policy Committee (SMPC), a group of independent economists who offer alternative views on the UK monetary policy. Commenting on his new role, Professor Williams, said: 'I'm delighted to be joining ATFX Connect as Consultant Economist at such an exciting time in global markets. I look forward to contributing economic insight and thought leadership to support our institutional, retail and other partners to deepen engagement across the financial landscape. I'm grateful to the excellent team at ATFX Connect for the opportunity.' On welcoming Professor Williams, Wei Qiang Zhang, Managing Director of ATFX Connect, expressed: 'We're pleased to welcome Professor Trevor Williams as our Consultant Economist. His extensive knowledge of the economy and markets will provide our clients with valuable insights and practical guidance to navigate global market trends with confidence. This appointment further strengthens ATFX Connect's position as a trusted partner for institutional clients.' A Shared Vision Ahead With Professor Williams onboard, ATFX Connect is well-positioned to further enhance its institutional capabilities and deliver deeper economic insight to better support its clients. Both parties are aligned in their commitment to making a meaningful impact and look forward to an inspiring partnership ahead. About ATFX Connect ATFX Connect is a trading name of AT Global Markets (UK) Limited (authorised and regulated by the FCA), AT Global Markets (Australia) Pty Limited (authorised and regulated by ASIC), and AT Global Financial Services (HK) Limited (authorised and regulated by the SFC). Connect is the Institutional arm of the wider ATFX Group. ATFX Connect offers Institutional and Professional traders an extensive range of services for both Agency PB and Margin accounts, provides bespoke aggregated liquidity in Spot FX, NDFs, indices, Commodities and Precious metals to a wide range of institutional clients from hedge funds, Tier 1 and regional banks, high net worth investors, asset managers, family offices and other brokers. ATFX Connect's liquidity pool is constructed from Tier 1 banks and non-bank providers that it has partnered with, trading in both sweepable and full amount forms. Agency PB Clients can connect via direct FIX API, external technology solutions or via our own trading platform. For margin clients, ATFX Connect provides market access via the group's MT4/MT5 platform and provides a bridge solution for those who wish to connect via FIX API. For further information on ATFX Connect, please visit ATFX Connect website A photo accompanying this announcement is available at CONTACT: Media Contact: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Standard Chartered launches digital assets trading for institutional clients
Standard Chartered launches digital assets trading for institutional clients

Zawya

time15-07-2025

  • Business
  • Zawya

Standard Chartered launches digital assets trading for institutional clients

LONDON – In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has today launched a fully integrated digital assets trading service for institutional clients. The offering includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its UK branch and will soon be introducing non-deliverable forwards (NDFs) trading. This makes Standard Chartered the first global systemically important bank to offer deliverable spot Cryptoasset trading for institutional clients including corporates, investors and asset managers. The trading offering is fully integrated with Standard Chartered's existing platforms, allowing institutional clients to access and trade cryptoassets through familiar FX interfaces. Clients can settle to their choice of custodian, including Standard Chartered's secure digital assets custody solutions. As an FCA-registered cryptoasset service provider, clients benefit from the assurance of dealing with a regulated global bank, supported by robust balance sheet capabilities, institutional-grade risk controls, and world-class trading platform. Commenting on the launch, Bill Winters, Group Chief Executive of Standard Chartered said: "Digital assets are a foundational element of the evolution in financial services. They're integral to enabling new pathways for innovation, greater inclusion and growth across the industry. As client demand accelerates further, we want to offer clients a route to transact, trade and manage digital asset risk safely and efficiently within regulatory requirements." "We are applying our global expertise, infrastructure and risk management frameworks that our clients trust to the digital assets space," said Tony Hall, Global Head of Trading and XVA, Markets, at Standard Chartered. "With growing interest in regulated digital assets solutions, we are well positioned to meet client needs while capturing the opportunities in this space." Operating within Standard Chartered's regulated banking framework, this offering is uniquely positioned to remove many of the barriers institutional clients faces when entering the crypto space. The offering is the latest expansion in Standard Chartered's growing suite of digital asset capabilities. Standard Chartered now offers digital assets custody and trading through its Corporate and Investment Bank, and through its ventures, Zodia Custody and Zodia Markets and digital asset tokenisation services, through another venture, Libeara. About Standard Chartered We are a leading international banking group, with a presence in 53 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. For more stories and expert opinions please visit Insights at Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

Standard Chartered Launches Digital Assets Trading for Institutional Clients
Standard Chartered Launches Digital Assets Trading for Institutional Clients

FF News

time15-07-2025

  • Business
  • FF News

Standard Chartered Launches Digital Assets Trading for Institutional Clients

In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has today launched a fully integrated digital assets trading service for institutional clients. The offering includes spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) through its UK branch and will soon be introducing non-deliverable forwards (NDFs) trading. This makes Standard Chartered the first global systemically important bank to offer deliverable spot Cryptoasset trading for institutional clients including corporates, investors and asset managers. The trading offering is fully integrated with Standard Chartered's existing platforms, allowing institutional clients to access and trade cryptoassets through familiar FX interfaces. Clients can settle to their choice of custodian, including Standard Chartered's secure digital assets custody solutions. As an FCA-registered cryptoasset service provider, clients benefit from the assurance of dealing with a regulated global bank, supported by robust balance sheet capabilities, institutional-grade risk controls, and world-class trading platform. Commenting on the launch, Bill Winters, Group Chief Executive of Standard Chartered said: 'Digital assets are a foundational element of the evolution in financial services. They're integral to enabling new pathways for innovation, greater inclusion and growth across the industry. As client demand accelerates further, we want to offer clients a route to transact, trade and manage digital asset risk safely and efficiently within regulatory requirements.' 'We are applying our global expertise, infrastructure and risk management frameworks that our clients trust to the digital assets space,' said Tony Hall, Global Head of Trading and XVA, Markets, at Standard Chartered. 'With growing interest in regulated digital assets solutions, we are well positioned to meet client needs while capturing the opportunities in this space.' Operating within Standard Chartered's regulated banking framework, this offering is uniquely positioned to remove many of the barriers institutional clients face when entering the crypto space. The offering is the latest expansion in Standard Chartered's growing suite of digital asset capabilities. Standard Chartered now offers digital assets custody and trading through its Corporate and Investment Bank, and through its ventures, Zodia Custody and Zodia Markets and digital asset tokenisation services, through another venture, Libeara. Companies In This Post Standard Chartered

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