CACEIS handles Clearing and Settlement for SideCaps’ SME secondary-line stocks matching platform

en

In January 2023, Germany-based fintech SideCaps launched a block trade platform for listed SME secondary-line stocks.

<< Back
09/02/2023 |
  • CACEIS

The platform is designed to create an essential liquidity pool for German SME block trades. With secure and transparent trading access to listed secondary-line stocks and unique vertical integration with XETRA and Eurex CCP, SideCaps provides optimum counterparty risk management and ideal settlement discipline. In addition to bringing greater liquidity to SME stock trading for all market participants, SideCaps’ platform aims to bring greater centralisation to simplify large-volume investment and provide enhanced access to high-quality information. CACEIS will settle and clear cash equity transactions for every trade executed on the platform.

Julius Krieg, SideCaps CEO and Founder, stated: "CACEIS is an experienced clearing partner for our innovative block trading platform for the SME secondary-line stock market in Germany. Reliable transaction processing is key to the success of our business, and CACEIS is clearly the partner of choice. CACEIS’ input during the platform’s development phase was much appreciated and such a close working partnership contributed to ensure a smooth go-live procedure.”

Anja Maiberger, CACEIS Head of Regional Coverage for Germany, Austria and Eastern Europe, stated: “Forming a close working partnership with our clients is key to our group’s business policy. As an experienced provider of clearing and settlement services, CACEIS was able to assist SideCaps in the design and analysis of the processes behind the new SME matching platform in order to ensure they met the necessary efficiency, transparency and regulatory compliance targets stated at the outset of the project.”

Back to top  | << Back

Communiqués liés

CACEIS

CACEIS intègre sur son Connect Store une nouvelle solution ...

CACEIS annonce la signature d’un partenariat avec AlphaOmega, une RegTech[1] s...

CACEIS
CACEIS
12/02/2024

CNP Assurances renouvelle sa confiance à CACEIS

A l’issue d’un appel d’offres, CNP Assurances a renouvelé sa confiance à...

CACEIS
CACEIS
09/11/2023

HV Capital choisit CACEIS comme dépositaire de quatre fond...

HV Capital, investisseur européen majeur en capital-risque, a récemment confi...

CACEIS
CACEIS
19/07/2023

CACEIS mandaté par Ardian et Eight Advisory en tant que dé...

Ardian, l’un des leaders mondiaux de l’investissement privé, et Eight Advis...

CACEIS
CACEIS
03/07/2023

CACEIS et Royal Bank of Canada annoncent la finalisation de ...

CACEIS, filiale du groupe Crédit Agricole et de Santander, et Royal Bank of Can...

CACEIS
CACEIS
22/06/2023

CACEIS Bank est la première banque dépositaire conservateu...

Le collège de l’AMF (Autorité des Marchés Financiers) a validé, sur avis c...

CACEIS

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more