New apps designed to give market participants in APAC real-time access to ASX and HKEX’s new DLT-based settlement platforms.
The tokenisation of bonds will provide investor access to harder-to-reach securities such as emerging and frontier market debt.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
The announcement comes as the exchange faced pressure by users to push back the plan, which is now set for April 2022.
Clearstream is planning to use its involvements in recent DLT projects as a steppingstone to developing its own digitised CSD.
The group will collaborate on setting standards for building distributed applications, including frameworks on token definitions and contracts
The hire is the latest move by Clearstream to explore and roll out DLT and blockchain-based solutions across its businesses.
The US post-trade infrastructure has launched two new projects that will advance its digitalisation programme and further develop its adoption of new technologies.
The clearing house has partnered with blockchain-specialist Axoni to develop the new system, and development is slated to begin in the second quarter of this year.
The Coronavirus pandemic has forced the ASX to delay the planned April 2021 implementation of its blockchain-based equities post-trade platform.