Settlements We place great emphasis on a timely and reliable settlement process, and our dedicated team ensures the smooth and efficient settlement of all transactions. Our settlement risk is guaranteed by Pershing Securities Limited on a model B basis. Pershing Securities Limited is a wholly-owned subsidiary of The Bank of New York Mellon, which is rated A1 by Moody's Investor Services, and A by Standard & Poors. Settlements & Operations Tel: Tel: +44 (0)131 222 3210 Tel: +44 (0)131 222 3219
