German banks await the potential regulatory go-ahead to offer custody and other post-trade services for digital assets.
New apps designed to give market participants in APAC real-time access to ASX and HKEX’s new DLT-based settlement platforms.
Asset managers, custodians and other industry participants cited legacy tech and data quality as the biggest challenge to achieving full corporate actions automation.
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.
Investment into DLT increased 20% over the year, yet the operational pressures of the COVID-19 pandemic could set back the industry.
BNY Mellon, Citi, and State Street take part in initiative designed to transform and automate the current capital markets infrastructure.
The group will collaborate on setting standards for building distributed applications, including frameworks on token definitions and contracts