Subject to regulatory approval, the newly created digital asset investment bank plans to launch a custody solution in April.
Market participants can now clear deliverable FX trades regardless of how they were executed.
From the data battle between the SGX and India to the ASX green-lighting its clearing blockchain project, Wei-Shen Wong looks back on topics that made headlines this past year.
The bank currently has two blockchain projects in train, for private equity and clearing.
Cindy Chen will oversee HKEx’s blockchain-enabled post-trade allocation and processing platform project.
The firm recently added Siam Commercial Bank to the network, allowing the bank to act as a clearing provider, and receive and forward on payments.
DTCC will integrate Symphony's chat capabilities with its DTCC Exception Manager platform.
After six years leading CLS, David Puth is relinquishing his role as CEO.
The Swedish bank will use US firm's network as a white-labelled service.
MarkitSERV plans to retire DSMatch and fold MarkitWire and other products into cloud-based platform.
The platform automates trade confirmations, reconciles transactions and aims to minimize operational errors.
The move by Germany's largest bank is being seen as an outcome of Brexit uncertainty
Former LCH executive to take over as chief executive of cash-equities clearinghouse.
The deal with Europe's largest equities CCP is expected to increase competition in the market.
The utility plans to open a fully functioning Dublin office in the first quarter of next year.
Peter Clark, CIO for Greater China and North Asia (GCNA) at Standard Chartered, talks with Waters about the projects they're working on and the team he's built.
LSEG is looking to improve its non-clearing services with this latest deal.
James and Anthony look at the main issues around CCP non-default losses, who should be responsible for these funds, and where this is all heading.
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
Blythe Masters says that DAML is designed to reduce the risk of developer error creating broader problems for the market.
Bickering between regulators rarely helps anything, but power plays involving CCPs are even less helpful.
The exchange sees it as a logical development opportunity to make business easier for its customers.
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.