Raid on Clearstream offices relate to the Cum-Ex scandal investigations.
Tag: Deutsche Boerse
Incoming regulation requires a third-party buy-in agent in cases of settlement fail.
Clearstream expects the closure of the business will take place over a 18-month period.
A trial project using blockchain to transfer and settle securities and cash proved costly and less speedy than the traditional way, the Bundesbank president said.
Blockchain start-ups are now facing serious assaults from established market infrastructures and custodians that are developing their own solutions.
German exchange group enters the digital asset world with plans for issuance, custody, access to liquidity, and banking services.
Completion of the first repo transaction based on delivery versus payment using distributed ledger technology.
Six banks have confirmed they have started the onboarding process and will join the platform at launch date, expected to be in the first half of 2019.
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.