A groundbreaking proof-of-concept initiative led by the Securities Industry and Financial Markets Association (SIFMA) and involving major financial services firms and top financial technology providers has shown the “potential advantages of implementing a shared ledger system” for post-trade operations that could spur “innovation in securities settlement processes” via improved operational efficiency, real-time liquidity access, and… Read More >>
Singapore Exchange Completes Post-Trade Overhaul
The Singapore Exchange (SGX), whose component businesses facilitate equity and derivatives trading, has implemented new functions for centralized clearing, settlement and depository services via an incumbent centralized post-trade clearing solution from LSEG Technology. The implementation, which went live Dec. 10 last year, is described as an end-to-end, post-trade transformation for a tier 1 market, officials… Read More >>