The project is a collaborative initiative to evaluate how tokenisation and distributed ledger technology can improve bond issuance and settlement in a real-world setting
Figures from EquiLend Data & Analytics show loan balances hit US$4.22 trillion for the month, while the lender-to-broker market generated a record US$871 billion in revenue
The bank will join the platform for its domestic repo operations, and will join the Canadian Derivatives Clearing Corporation to centrally clear its repo operations
The firm is a global trading firm powered by a research environment and a technology backbone and has global trading hubs in the US, Europe, and Asia Pacific
The firm’s recent monthly report also reveals a 3.29 per cent decrease in total securities lending transactions cleared on the Options Clearing Corporation platform