The perpetual futures trading venue uses technology to improve trade execution using the companys in-house, matching engine to further low-latency digital assets trading
The solution marks the first time in the US that fund managers have enabled subscription for shares of their MMFs via BNYs LiquidityDirectSM and Digital Asset platforms
The redesigned service uses the existing CLSSettlement platform, enabling CCPs to connect and submit bilateral settlement instructions on behalf of their clearing members
The definitive agreement is expected to close in the coming months, subject to regulatory approvals, applicable employee requirements and customary conditions
The authorities will continue to adopt a coordinated approach as they progress towards publication of a final policy statement in the second half of 2025
Year-to-date for volume outstanding also increased, rising 3 per cent to 738.12 billion for 2025, compared to 717.19 billion for the equivalent period in 2024
