BNY Mellon has introduced extended dealing hours for Irish-domiciled UCITS ETFs to support the distribution of these products globally. Known as 24×5 ETF Dealing, hours are extended to ETF issuers through BNY Mellon’s transfer agency hubs in Singapore and Syracuse, New York. This means issuers can now deal Irish UCITS ETFs from Monday morning in Singapore through to Friday afternoon in New York. The introduction of this service supports the distribution of Irish UCITS ETFs in APAC and Latin America. It also eliminates the need to close dealing on an ETF with APAC exposure on T-1.
