Clearstream Banking AG Enables Proxy-Voting at US General Meetings in Partnership with Proxymity

  • Infrastructure
  • 24.01.2025 11:45 am

Clearstream, Deutsche Börse Group’s post-trade services provider, has enhanced its US network link by partnering with Proxymity. Proxymity Vote Connect Total US (VCT US) enables institutional and retail investors owning US shares to vote at US general meetings. 

As of February, Clearstream Banking AG clients can vote at US general meetings via their existing Clearstream access. The vote will then be automatically processed by VCT US, ensuring an enhanced level of accuracy, efficiency and oversight throughout the voting process.  

The initiative supports Clearstream’s and Deutsche Börse Group’s commitment to connect markets globally, offering secure and efficient investment solutions to market participants.  

Jon Smalley, COO & Co-Founder, Proxymity, comments: “We are delighted to support Clearstream in ensuring that their investor clients have access to vote their shares in the US via VCT US. Ensuring comprehensive global coverage for our customers and their clients including the US market is central to our mission of connecting issuers, intermediaries and investors. Proxymity provides a more transparent, efficient, and accurate investor communications ecosystem for all.”  

Dirk Loscher, Head of Custody & Investor Solutions at Clearstream and CEO of Clearstream Banking AG, adds: “Institutional and retail investors are increasingly taking active roles in their investment decisions within capital markets. Clearstream is pleased to facilitate that participation together with Proxymity, providing a seamless and enhanced voting experience. This aligns with Clearstream’s leading position in providing clients with comprehensive post-trading solutions, making the most of their assets, even after investment decisions are made.”   

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