The best of the month’s stories from The TRADE, including BNP Paribas, Ardevora, MiFID II, distributed ledger technology and Leaders in Trading 2019.
Deutsche Börse stated the initiative is the latest milestone in building a comprehensive ecosystem for digital assets.
JP Morgan has developed a DLT-based system to speed-up and automate post-trade margin payments.
The partnership between HSBC, SGX and sovereign wealth fund Temasek marks the first end-to-end digitisation effort focusing on the Asian bond markets.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
Dublin will be R3’s second European office and is set to open in 2020 as part of the vendor’s rapid expansion plans.
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.
Management of newly-formed SETL business have acquired the operating assets, staff and intellectual property rights of previous incarnation.
New tool will assist developers in implementing ISDA common domain model in solutions for trading and managing derivatives.
Jesse Edwards, one of R3’s co-founders who spearheaded its initial fund-raising scheme, has left the company.