BNY unveils touchless trading for direct custody connections.

TLDR:

– BNY Global Markets Trading Team has launched NEXEN Markets, a digital direct-to-custody trading solution.
– The integrated trading solution automates end-to-end, trade-to-settlement processing and allows clients to place equity, ETF, and US Treasury orders directly from their accounts.

BNY Global Markets Trading Team has introduced NEXEN Markets, a digital direct-to-custody trading solution. This integrated solution streamlines the entire trading process, from trade to settlement, and allows clients to place equity, ETF, and US Treasury orders directly from their accounts. The platform offers real-time visibility into cash balances and positions, facilitating straight-through processing and reducing settlement and operational risks. Additionally, clients can access fixed income and equities services through BNY, consolidating their entire portfolio management within a single platform.