Clearstream flicks the switch on CMU link

Jan 24, 2003

Successful trials completed; Hong Kong''s CMU customers now have access to Clearstream''s pool of global securities.

Clearstream will flick the switch on a live link with Hong Kong's Central Moneymarkets Unit (CMU) this Monday giving account holders access to the securities held by the global clearing house. The likely result will be an increased local investor appetite for euro denominated bonds.

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