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.
The Securities@Sibos wrap-up edition is now available to view online, click here.
HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022.
Long-serving post-trade expert to depart SWIFT for new role.
SWIFT MD says there's no reason why cyber threats couldn't spill over from payments into the securities market as panelists at Sibos highlight impacts of major infrastructure disruptions.
SIX recorded strong results in its securities services business in the first half of the year.
Michael Weaver left Blackrock in December.
The firm has put the loss down to factors including equity markets and fund subscriptions.
This is the second agreement between the two regions in quick succession.