PASLA welcomes HQLAX as a new member
10 January 2025 Luxembourg
Image: Oleksandr/stock.adobe.com
HQLAX has joined the Pan Asia Íø±¬³Ô¹Ï Lending Association (PASLA) as a Solutions member.
Founded in 2017, the Luxembourg-based fintech firm specialises in leveraging distributed ledger technology (DLT) to bring new efficiencies to the securities finance and repo industry.
By coupling the benefits of DLT with existing triparty and custody infrastructure, HQLAX aims to make it easy for clients to improve collateral mobility and avoid costly intraday liquidity.
In December 2024, HQLAX collaborated with Clearstream and Eurex Repo to facilitate intraday delivery-versus-payment (DvP) repo transactions, using DLT in the European Central Bank (ECB) trials.
PASLA’s Solutions membership is specifically aimed at clearing houses, data providers, exchanges, fintech platforms, and infrastructure providers that are involved with securities finance transactions.
Founded in 2017, the Luxembourg-based fintech firm specialises in leveraging distributed ledger technology (DLT) to bring new efficiencies to the securities finance and repo industry.
By coupling the benefits of DLT with existing triparty and custody infrastructure, HQLAX aims to make it easy for clients to improve collateral mobility and avoid costly intraday liquidity.
In December 2024, HQLAX collaborated with Clearstream and Eurex Repo to facilitate intraday delivery-versus-payment (DvP) repo transactions, using DLT in the European Central Bank (ECB) trials.
PASLA’s Solutions membership is specifically aimed at clearing houses, data providers, exchanges, fintech platforms, and infrastructure providers that are involved with securities finance transactions.
← Previous industry article
Japan Íø±¬³Ô¹Ï Clearing Corporation partners with State Street on USD cash collateral
Japan Íø±¬³Ô¹Ï Clearing Corporation partners with State Street on USD cash collateral
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times