DTCC recently proved it is capable of processing 115,000,000 trades daily, or 6,300 trades per second for five continuous hours, on a DLT platform.
HKEX will trial the technology to help complete post-trade allocations and processing for northbound trades under Stock Connect within a tight settlement window.
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.
The service will streamline corporate actions, dividend and coupon processing across asset classes, business lines and regions.
The involvement of CSDs in a governance and operational role could help increase trust of investors, and raise the quality of the crypto-trading ecosystem.
Tom Carey previously led the combination of all of Broadridge’s international technology businesses into a single integrated unit earlier this year.
Panelists argued an organisation from outside the asset management industry could pull buy-side firms together.
Nasdaq makes acquisition play for Swedish technology provider to build out its technology and analytics capabilities.