Winterflood Securities has selected BNY Mellon to provide it with US Depository Trust & Clearing Corporation (DTCC) and Canadian securities clearing and custody services.
BNY Mellon Broker-Dealer Services will provide clearing and settlement services, operating as a direct participant in the US and through a single sub-custodian in Canada. Its enhanced clearing solution will provide Winterflood with earlier transmission of client orders to the North American market, allowing for realignment of collateral should it be required.