ICE Clear Credit is now a recognised clearing house in the country after gaining approval from the Monetary Authority of Singapore.
The Monetary Authority of Singapore and Singapore Exchange developed two Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.
MAS and SGX have been among the leaders in promoting the use of blockchain technology in financial markets.
XTX Markets gains support from Monetary Authority of Singapore to set up FX pricing and trading engine.
SGX will be exploring blockchain use for fixed income trading.
FinTechs have moved away from being pure technology and information platforms to being financial services providers.
Clients using DTCC’s trade repository for MAS and ASIC transactions to see fees reduced by up to 20%.
The Monetary Authority of Singapore has confirmed it is monitoring the Singapore Exchange (SGX) after all trading came to a halt on Thursday because of technical issues.
Representatives from UK financial technology companies met with Singaporean officials in Downing Street this week for the launch of the new FinTech bridge project.
Traders of Asian fixed income assets should re-evaluate liquidity contingency plans due to the changing profile of those investing in Asian bond markets, according to a new report.