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Calastone to launch fund transaction settlement system

16 November 2009

Calastone is unveiling a transaction settlements system for the mutual fund industry.

Read more: Calastone transaction settlements system mutual fund

Calastone is unveiling a transaction settlements system for the mutual fund industry, The Financial Times reports. The fund transaction network is developing a low-cost system for smaller fund managers and another for primary market transactions, to compete with Euroclear’s...