Tokenisation set to reshape post-trade economics, finds Citi report
Research argues tokenisation will shift value away from traditional processing functions towards issuance, settlement and collateral infrastructure.
Post-trade
Fireside Friday with… Euronext London’s Simon Gallagher
Euronext London CEO Simon Gallagher explains why tackling fragmentation in post-trade infrastructure is key to European capital markets integration and long-term competitiveness.
LSEG launches TradeAgent to modernise derivatives processing
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.
Proxymity partners with FRT to expand access to class action participation
Collaboration combines Proxymity’s digital investor communications platform with Financial Recovery Technologies’ class action services to improve transparency and operational efficiency for investors.
Market Infrastructure
Monopolistic CSDs and fragmented markets costing Europe billions annually, Citi finds
Research points to higher costs and operational complexity for custodians in Europe, with meaningful harmonisation still likely years away.
DTCC and Digital Asset tokenise DTC-custodied US treasuries on Canton Network
The initiative represents an early phase of DTCC’s broader strategy to make DTC-custodied assets accessible on-chain.
BlackRock and AccessFintech partner on post-trade connectivity
The investment management giant has also invested in the fintech to support the firm’s next phase of growth.
LSEG’s Post Trade Solutions to receive investment from 11 global banks
BNP Paribas, Deutsche Bank, JP Morgan and Morgan Stanley are among the banks taking a 20% ownership stake, in exchange for £170 million in the deal.