ETF servicing increases in complexity

In order to address the increasing complexity of servicing, State Street has launched a tool to help clients process ETFs order more efficiently, on an automated and streamlined basis. The firm's new Assisted Trading service allows authorised participants to simultaneously enter the ETFs they want to trade and identify any restricted shares. Restricted shares are not eligible for proprietary trading and also change daily, depending on underwriting, mergers, investments and a range of other activities. These shares are usually found within ETFs on a manual basis. The new tool segreg...