CACEIS expands clearing & settlement support for Renell Bank
CACEIS has extended the scope of services it provides to Frankfurt-based Renell Wertpapierhandelsbank AG. Already a Clearing & Settlement Agent for Renell Bank’s OTC fund business, CACEIS gradually took over support in late 2018 for Renell's complete fund, equity and fixed income range. For the funds, this also included the settlement of exchange transactions relating to German regional stock exchanges in Düsseldorf, Berlin and Frankfurt (XETRA T7 and XETRA 2) as well as various segments of the Swiss Stock Exchange (SWX, SFS). CACEIS will provide comprehensive support for Renell Bank in its role as market maker for all the aforementioned asset classes.