At the FIX EMEA 2023 conference last week, one of the most talked-about topics was the issue of how blockchain and distributed ledger technology (DLT) can be utilised to increase trading efficiency.
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
Distributed ledger repo platform from Broadridge has executed more than $35 billion in average daily volume in the first few weeks since its launch.
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
Departing deputy CEO leaves ASX to pursue interests in FinTech and blockchain technology.
The latest delay will push the DLT post-trade project at ASX back to April 2023, as the exchange again cites COVID-19 as a cause.
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
The post-trade blockchain project at ASX has been pushed back by one year as the exchange faced pressure from users to delay the launch.
Industry heavyweights Vanguard, BNY Mellon, Franklin Templeton, and State Street completed a pilot to trade FX forwards using DLT.
The ongoing coronavirus pandemic forced ASX to rethink the launch of its new blockchain-based post-trade settlement system.