Fidelity Clearing Canada will provide its uniFide back-office technology to Manulife Securities
New venture allows brokers, portfolio managers and funds to trade crypto with an IIROC-regulated firm
The platform will provide custody, clearing and trade settlement services
The web-based tool aims to eliminate cost and complexity for introducing brokers and portfolio managers
The back-office support services firm aims to address the growing demand for fee-based accounts
Paul Stapleton takes over as chief technology officer and Tisha Lawton as vice president of product solutions
Management fees will be reduced by five basis points among all current series of the affected funds as of July 1
Mackenzie will be taking on the role of CEO and UDP while Kevin Barber has been appointed as chief administrative officer
New Fidelity Clearing back office system to be implemented this fall
Fund company to ring opening bell at TSX