Post-trade & ops

1184 articles tagged with this keyword

/Post-trade & ops

Finnish consortium to apply blockchcain tech to share trading in non-listed companies

Several Finnish financial firms are working with local vendor Tieto to build a distributed ledger for issuance and trading of non-listed company shares.

/security

Securities participants are next on the hitlist for cyber attackers – BAE Systems and Swift report

In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.

/Post-trade & ops

MAS and SGX apply blockchain tech for settlement of tokenised assets

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) claim to have successfully developed Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.

/payments

JPMorgan's Interbank Information Network now encompasses more than 100 banks

The number of banks joining JPMorgan's blockchain-based Interbank Information Network (IIN) has grown to over 100, addressing cross-border payments in every major market, including Latin America, Asia, Europe, the Middle East and Africa.

/Post-trade & ops

DTCC begins testing DLT platform for credit derivatives

The Depository Trust & Clearing Corporation (DTCC) is ploughing ahead with its project to re-platform its credit derivatives Trade Information Warehouse (TIW) on distributed ledger technology and cloud, enlisting 15 of the world's largest banks for a testing phase.

/Post-trade & ops

Hong Kong Exchange preps DLT-based post-trade allocation and processing platform

Hong Kong Exchange and Clearing Limited (HKEX) is teaming up with Digital Asset to build a blockchain platform for post-trade allocation and processing of northbound trades under the Stock Connect programme with China.

/Post-trade & ops

German central bank sees positive results from blockchain settlement trials

Deutsche Bundesbank and Deutche Bourse are backing the application of blockchain technology in the settlement arena, following a successful trial run using Hyperledger Fabric and the Digital Asset platform.

/Post-trade & ops

London Stock Exchange buys a further chunk of LCH

The London Stock Exchange is to lift its stake in LCH Group to 80%, paying £384 million for an additional 15.1% interest in the clearing house.

/Post-trade & ops

Goldman Sachs invests in BitGo

Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo, a startup promising to help institutional investors securely store their cryptocurrency.

/Post-trade & ops

DTCC study shows DLT can support trading volumes in US equity markets

The use of distributed ledger technology in the US equity markets could be a viable option, a DTCC benchmark study suggests, with the tech proving that it can process more than 100 million trades a day.

/Post-trade & ops

Swiss stock exchange takes stake in digital asset startup PassOn

The Swiss stock exchange has taken a minority stake in pre-ICO start-up PassOn AG as part of its strategy to build a digital asset custody ecosystem.

/Post-trade & ops

Clearmatics raises $12 million for blockchain R&D

Blockchain R&D firm Clearmatics has raised $12 million as it prepares for the launch of a Protocol Provider service next year to support the go-to-market of the Utility Settlement Coin Project, a consortium of 17 banks and financial institutions creating a new digital cash instrument collateralised by central bank money.

/payments

Fed seeks feedback on plans for RTGS system for faster payments

The Federal Reserve Board is calling for public comment on its plans to build a real time gross settlement (RTGS) system that finally brings faster payments to America.

/Post-trade & ops

ErisX preps cryptocurrency market

Chicago-based Eris Exchange has secured backing from the likes of TD Ameritrade and Virtu Financial for a cryptocurrency spot and futures trading platform.

/Post-trade & ops

Blockchain for business startup DrumG raises $6.5 million financing

Blockchain network builder ConsenSys has invested $6.5 million in DrumG Technologies, a startup co-founded by the former CEO of R3 Lab and research centre Tim Grant to create business product overlays on exiting distributed ledger applications.

/Post-trade & ops

Australian agency claims blockchain breakthrough

A federal science agency in Australia has claimed a world first after completing testing on a global blockchain network that is capable of processing 30,000 cross-border transactions per second.

/Post-trade & ops

JPMorgan blockchain project recruits 70+ banks

An interbank blockchain project led by JPMorgan designed to speed up the exceptions process has recruited more than 70 banks in a move that would make it one of the largest application of distributed ledger technology (DLT) by regulated banks.

/Post-trade & ops

Goldman Sachs to sell fixed income app

Investment bank Goldman Sachs is near to finding a buyer for its investment app Simon, according to reports.

/Post-trade & ops

Crypto exchanges’ legal status questioned in NY

New York’s Attorney General (AG) has reported three crypto exchanges to the state’s regulator for possible violations of digital currency violations.

/Post-trade & ops

Nasdaq makes $190 million offer for Cinnober

Nasdaq has made an all-cash offer of $190 million to acquires Swedish trading technolgy firm Cinnober.