A report by FINRA outlined potential issues of utilising DLT for settlement transactions.
Saudi Arabia’s Stock Exchange has revealed intentions to shorten its settlement cycle following similar moves by Japan and South Africa towards the end of 2016.
Clearstream and DekaBank’s offering aims to simplify cross-border settlements.
Research has shown specific applications where blockchain use cases are viewed as the most suitable.
The Bank of Japan continues to push ever shorter settlement cycle as other countries follow suit.
Brexit, blockchain and T2S all discussed on the 20th anniversary of CREST.
Euroclear's CSDs in Belgium, France and the Netherlands join VP Lux (Luxembourg) and VP Securities (Denmark) in transitioning to T2S.
VP Securities and VP Lux confirm client readiness, while Euroclear says migration is on track.
The move to withdraw from GCF repo settlement will affect around 30 broker-dealer clients.
Industry expert says settlement should not be the first problem solved with blockchain.