The event specification module will allow for a common DAML library that references machine-executable trade lifecycle events.
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
Velocity Ledger Financial will also soon launch an issuing-and-settlement platform to tie together different kinds of blockchains.
Buy-side participants are now more aware of the risks associated with FX settlement, and are getting more involved in managing them.
As interest in cryptocurrency trading refuses to wither, despite a bearish year, traders are increasingly calling for institutional-grade tooling from traditional markets to further develop the asset class.
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.
As strides are being made to encourage greater institutional participation in the trading of cryptocurrencies, Wei-Shen ponders whether the crypto space will end up looking exactly like the traditional financial ecosystem.
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.
Turning traditional assets into digitally traded data is one of the most commonly cited benefits of emerging technology, including distributed ledgers. But the reality is that the process is far more difficult than it seems.
Chris Machin will lead development of the expansion of ReportShield to cover APA trade reporting.
The offering will enable easier access to the Russian equity and derivatives markets.
Although institutional interest in cryptocurrency trading has grown, the development of the custody space, in particular, is crucial for its next phase of evolution.
The age-old problem of achieving straight through processing remains a challenge for some buy-side firms today. But time is running out.
While economic measures might place markets in Kenya, Tanzania, Palestine and elsewhere firmly in the “emerging” bracket, their use of technology is anything but.
The crypto markets need a body that fulfils the role of depositories adequately, say settlement specialists
Equity Kinetics provides an overview of the US equities market for buy-side and sell-side trading and investment decision support operations.
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.
NEX will provide connectivity to the Capitolis novation platform through NEX Infinity.
When it comes to artificial intelligence, first-mover advantage is clear. But for buy-side firms that do not have the resources of global giants and are finding they are increasingly unable to compete, it becomes a tough question—do you trust third-party…
ErisX will be launching a derivatives exchange and clearing organization, while trueDigital is releasing a bitcoin swap contract.
The product targets asset managers who are seeking lower costs and risk.
Ryusuke Yokoyama sits down with Wei-Shen Wong to discuss his three-decade career at the TSE and JPX, how the exchange is looking to help the industry improve its settlement cycles and how the company is experimenting with blockchain and AI technologies…