DTCC proves blockchain can work for US equity markets (sort of)
DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
Market Infrastructure
CSDs offered huge role in supporting crypto assets
The involvement of CSDs in a governance and operational role could help increase trust of investors, and raise the quality of the crypto-trading ecosystem.
Institutions take to ESG
ESG is showing more promise than crypto as a driver for custody business.
ALFI paints bright picture for UCITS expansion
UCITS assets under management are set to grow substantially over the next 30 years, though potential constraints on delegation arrangements are a concern.
Euroclear UK & Ireland offers dollar settlement in central bank money through Fed
Euroclear UK & Ireland has become the first foreign financial market infrastructure to connect to the Federal Reserve’s National Settlement Service, enabling clients to settle transactions in US dollars in central bank money.
LCH taps Kate Birchall as new head of Asia Pacific
Kate Birchall joins LCH from National Australia Bank, replacing previous region head Marcus Robinson.
Nasdaq to buy Cinnober in $190 million deal
Nasdaq makes acquisition play for Swedish technology provider to build out its technology and analytics capabilities.
Clearstream collaborates with Thai exchange to strengthen funds linkage
The collaboration is the latest for Clearstream’s Asia funds strategy allowing more international investors to gain easy access to the local fund markets.
Industry feedback forces ASX to push back the go-live date for its blockchain system
The decision comes after industry feedback raised concerns on the ASX’s timeline to implement the technology.
Deutsche Boerse invests in blockchain start-up for securities lending
The investment expands the partnership with HQLAx established in March this year, with the aim of building a blockchain-based solution for securities lending transactions.