Euronext would no longer be able to settle Irish securities at Euroclear’s London-based CREST once the UK leaves the European Union.
Custodians could deliver superior value focusing on identifying operational pain-points for customers and created solutions off the back of it, according to Deutsche Bank.
Singapore exchange to launch new securities settlement and depository framework on 10 December.
The Monetary Authority of Singapore and Singapore Exchange developed two Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.
It is now more than likely that the London-Shanghai Stock Connect trading scheme will be up and running, with a go-live date pencilled in for December.
HKEX will trial the technology to help complete post-trade allocations and processing for northbound trades under Stock Connect within a tight settlement window.
Think about what blockchain technology can do internally for your organisation, says Digital Asset CEO
Blythe Masters believes internal benefits of blockchain technology might be being overlooked.
DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
The decision comes after industry feedback raised concerns on the ASX’s timeline to implement the technology.