We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. ICE is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. For more information about Horizon Kinetics, visit About Intercontinental Exchange Horizon Kinetics has over 70 employees and has primary offices in New York City and White Plains, New York. Horizon Kinetics is an independently owned and operated investment boutique that adheres to a long-term, contrarian, fundamental value investment philosophy that the founders established 26 years ago at Bankers Trust Company. Horizon Kinetics LLC is the parent holding company of Horizon Kinetics Asset Management LLC, an SEC-registered investment adviser, as well KBD Securities, LLC and Kinetics Funds Distributor LLC, two limited-purpose, SEC-registered broker/dealers and members of FINRA. The company has been recognized for its approach to digital innovation, social responsibility, and customer service, including being named one of the 2022 World's Most Ethical Companies and Fortune's most admired superregional bank. MUFG Union Bank, consisting primarily of retail banking branches on the West Coast, joined U.S. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking Payment Services Corporate & Commercial Banking and Wealth Management and Investment Services. Bancorp, with approximately 77,000 employees and $675 billion in assets as of Dec. For more information, visit /investmentservices. Bank offers Investment Services solutions from three European locations: Ireland, London and Luxembourg. Bancorp Asset Management, comprise the Investment Services division, which holds $9.8 trillion in assets under custody and administration as of Dec. Bank Global Corporate Trust and Custody and U.S. Bank Global Fund Services, along with U.S. These tools offer a standardized and simplified process for creating and redeeming ETF shares for U.S. "The ICE ETF Hub brings efficient workflows to trading in the ETF primary market and supports both standard and custom basket negotiations. Bank to expand European ETFs, building on our vision of establishing a global, multi-issuer solution for the ETF market," said Peter Borstelmann, president of ICE Bonds. The ICE ETF Hub is dynamic and fully integrated - streamlining primary market trading and allowing seamless subscription and redemption flow right through from the authorized participant to settlement in the secondary market. Bank is expanding their relationship with Intercontinental Exchange (ICE) as they adopt the ICE ETF Hub as a front-end and order entry platform for U.S. With this launch of ETF servicing in Europe, U.S. Bank is able to guide us with on-the-ground expertise to offer our European clients a product that will follow a similar strategy to the Horizon Kinetics Inflation Beneficiaries ETF INFL, emphasizing exposure to hard-asset, capital-light businesses." and European UCITS funds in a single platform."Īlun Williams, chief operating officer at Horizon Kinetics, stated, "This is a new market for us and we are delighted that U.S. Bank to both sides of the Atlantic with a global operating model that can accommodate both U.S. Our team is proud to bring the best of U.S. Bank ETF relationships who plan to expand their ETF distribution into Europe, as well as new clients aiming to launch funds in the European ETF space. Somerville added, "We are in a position to service both existing U.S. "We are proud to bring this capability to Europe and work with Horizon Kinetics as they roll out this exciting new product." ETF issuers," said Ken Somerville, head of U.S. "This builds on our reputation in the United States as a provider of choice for many leading U.S. Bank will provide clients with a holistic suite of offerings, including fund administration, transfer agency, depositary and global custody solutions, as well as a number of specialized European exchange-traded fund services. The fund is structured as a UCITS ETF and will initially trade on Euronext Amsterdam. Bank will support Horizon Kinetics' European version of their Inflation Beneficiaries ETF INFBN, an actively managed fund that seeks to address one of the most important economic and investment drivers – inflation – by identifying unique, scalable businesses that have the potential to thrive in an inflationary environment. Bank today announced the launch of their new exchange-traded fund (ETF) services in Europe, as well as their first client for this offering.
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