Discussing shortening settlement cycles across global markets, more challenges than opportunities were raised by a panel of esteemed securities services industry experts.
Distributed ledger technology was under the microscope during a panel discussion at The Network Forum in London today.
Proliferation of local CSDs inhibits efficiency, AMF chairman tells CSD conference.
The platform said the growth has been driven by the wave of new regulations alongside industry initiatives, such as T+1 settlement.
The approved service will support central clearing and settlement services for overnight borrows and loans of equity securities.
With most central banks at the very least are exploring the concept of CBDCs, representatives of both the Australian Stock Exchange (ASX) and SIX Digital Exchange (SDX) have spoken approvingly of their potential role in accelerating digital market infrastructures for the securities industry.
After a decade at the helm of the largest market infrastructure in the US, Michael Bodson announced in April this year that he would be stepping away. Here he discusses exclusively with Global Custodian his career at the DTCC which has seen him navigate multiple crises and future-proof the business while “loving every minute of it”.
Plans are in motion to include ETFs in China and Hong Kong’s Stock Connect as the scheme continues to evolve and grow.
Service developed to meet the growing demand of clients, including regulated infrastructure organisations and banks exploring digital asset capabilities.
T2S Framework Agreement signed between the ECB and SKDD marks the beginning of the migration process.