Swift, CSDs to Develop Blockchain for Post-Trade
More depositories are seen to join the initiative.
Abu Dhabi Securities Exchange, Caja de Valores, Deposito Central de Valores, Nasdaq Market Technology, National Settlement Depository (NSD), SIX Securities Services and Strate Ltd. signed a memorandum of understanding with Swift for the project. Other CSDs are expected to sign up for the project.
The project will look at how distributed ledger can be implemented for post-trade activities such as corporate actions processing and voting. Post-trade processing usually involves contacting multiple
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