DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
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.
ESG is showing more promise than crypto as a driver for custody business.
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 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.
Kate Birchall joins LCH from National Australia Bank, replacing previous region head Marcus Robinson.
Nasdaq makes acquisition play for Swedish technology provider to build out its technology and analytics capabilities.
The collaboration is the latest for Clearstream’s Asia funds strategy allowing more international investors to gain easy access to the local fund markets.
The decision comes after industry feedback raised concerns on the ASX’s timeline to implement the technology.
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.