JPX launches pilot for DLT post-trade information platform
Trust banks, asset managers, and other securities services providers have been invited by JPX to participate in the test.
Trust banks, asset managers, and other securities services providers have been invited by JPX to participate in the test.
The Swiss Exchange is readying the launch of its digital asset ecosystem, with Omniex set to provide the front-end platform of the business.
FX settlement provider CLS has added three major investment banks to its blockchain-based netting platform, with nine institutions now live on the service.
Axoni has launched its distributed ledger network for equity swaps, with Citi and Goldman Sachs among the first to adopt the platform.
The best of the month’s stories from The TRADE, including BNP Paribas, Ardevora, MiFID II, distributed ledger technology and Leaders in Trading 2019.
Deutsche Börse stated the initiative is the latest milestone in building a comprehensive ecosystem for digital assets.
JP Morgan has developed a DLT-based system to speed-up and automate post-trade margin payments.
The partnership between HSBC, SGX and sovereign wealth fund Temasek marks the first end-to-end digitisation effort focusing on the Asian bond markets.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
Dublin will be R3’s second European office and is set to open in 2020 as part of the vendor’s rapid expansion plans.