With immediate effect SG Hambros Bank (Channel Islands) Limited ("SG Hambros" or "the firm") will cease settling some of its business through a Model B settlement agreement with Pershing Securities Limited.
SG Hambros acts in an agency capacity in UK domestic and international securities. The firm does not access SETS or the International Order Book.
The firm continues to settle its business through a Model B agreement with Newedge Group ("Newedge").
Firm Code | Member ID | Member Mnemonic | CREST Code | Euroclear Bank Code | DTC Code | Notes |
---|---|---|---|---|---|---|
835 | SGHBGGS1 | SGSH | 248 | UK Domestic and International securities |