First Canadian dollar fixed income issuance by a major bank in Canada testing blockchain technology.
The investment from Euroclear was in response to client demands wanting access untapped liquidity pools in the bond market.
The new fixed income clearing and settlement offering was developed as part of SGSS’ ongoing work with Accenture Post-Trade Processing.
SIX Securities Services has added US equity and fixed income securities to its CO:RE trading platform.
The bank is leading several initiatives to facilitate financial institutions’ access to local fixed income markets.