Pershing Limited, a BNY Mellon company, announced today that it has introduced Nexus Execution Services, Pershing's new multi-asset class execution service for private client firms. This new offering provides integrated agency execution through Nexus, Pershing's proprietary technology platform.
Nexus Execution Services enables financial professionals to trade multiple asset classes through a single platform. Pershing's dedicated trading service provides agency execution across global equities, exchange traded funds, exchange traded commodities, investment trusts, global government and corporate bonds and foreign exchange.
Nexus Execution Services is designed to offer clients a simple order entry via a single desktop 'route to Pershing trader' option and 24 hour coverage by Pershing trading services desks located in London and the US, staffed by over 100 sales and trading personnel covering multiple global time zones. Â The solution also provides streamlined trading, clearing and settlement services including algorithmic trading and straight-through processing.
Pershing's equity trading capabilities are supported by memberships of the London Stock Exchange, Euronext and Deutsche Borse as well as electronic access to all leading multi-lateral trading facilities (MTFs), including CHI-X, Turquoise and BATS.
Michael Horan, director and head of trading services for Pershing Limited, said, "We are committed to providing superior services for our clients and we're pleased to be able to now offer Nexus Execution Services as part of that commitment. Through Nexus Execution Services, we'll build on that service by providing a cost-effective trading solution that truly gives our clients global reach."
Sandra Blease, head of trade execution at Standard Bank said of Pershing's service, "The timely and accurate execution of trades is critical. Â Pershing's highly professional team consistently delivers the service that we need to help grow our business."