Barclays and Citi partner with CLS and IBM on blockchain project
Nine financial institutions will participate in a proof of concept for platform powered using blockchain technology to share and use various services.
Nine financial institutions will participate in a proof of concept for platform powered using blockchain technology to share and use various services.
LCH and CLS collaborate on launch of deliverable FX options clearing to reduce counterparty and settlement risk.
Mesirow Financial and Mountain Pacific Advisors have both signed up to the CLSTradeMonitor service for FX transactions.
FX settlement firm CLS has invested $5 million in blockchain consortium R3.
Reporting tool will provide data on legal entity identifiers (LEIs), timestamps, product identifiers and execution venues.