Distributed ledger technology (DLT)
Tokenisation: the flipside of the coin
Turning traditional assets into digitally traded data is much harder than it seems
Goldman and Morgan Stanley go live with DLT-based CLSNet
Distributed ledger netting service will cover 120 currencies not eligible for CLS settlement
MarkitServ launches cloud-based post-trade processing platform
The firm looks to migrate FX options and spot to TradeServ in 2019
DTCC begins testing DLT-based credit derivatives service with 15 banks
New service expected to launch after first quarter of 2019
Rayner heads Cobalt’s sales team
Anoushka Rayner joins technology firm ahead of its launch later this year
Nex Infinity DLT could go live this quarter – Choussy
The DLT element is ready from a technical perspective
CLS to create DLT cross-asset app platform
The firm ventures beyond FX to cater for the financial sector as a whole
Thomson Reuters expands crypto sentiment data feed
Cryptocurrency sentiment package monitors more than 2,000 global news and 800 social media sites in real time
BIS warns of virtual currency risks
CBDCs could have an impact on global financial stability, and large demand could force central banks into risky assets, new report says
Blockchain-based tool offered by smartTrade
Clients will be able to subscribe to the new service and access it through an open API
Darren Coote joins Cobalt
FX veteran becomes an adviser and investor at the pre- and post-trade processing company
CLS: politics and technology will be main drivers in 2018
Distributed ledger technologies will be used increasingly while cryptocurrencies gain ground
CME to launch bitcoin futures
Pending regulatory approval, the cryptocurrency will become available on the world’s largest derivatives exchange operator by the year-end
Cobalt chooses Solace for post-trade information processing
The move aims to guarantee incoming messages can be processed consistently, especially during bursts of heightened market activity
R3 launches Corda 1.0
It follows the open-source release of the platform in late 2016
CLS announces major strategy shift
The settlement utility will diversify into processing and data to become a business with three major service areas
Nex Group rolls out post-trade platform
Nex Infinity, created by Nex Optimisation, goes into production testing for FX and cash equities in July
Cobalt partners LMRKTS and launches BlueSky platform
LMRKTS to make compression algos available using Cobalt’s DL technology-based post-trade FX network
CLS extends payments-netting service to all global currencies
CLSNet, expected to go live in Q2 2018, will comprise 140 currencies
OTC Exchange Network joins blockchain trade association
OTCXN says it is essential to gain the support of regulators and lawmakers if blockchain is to be widely adopted
R3 creates proof of concept for shared KYC service
Ten global banks work with R3 using distributed ledger to build concept for know-your-customer registry
CFETS joins R3-led project
The number of participants has risen to more than 60 since its September 2015 launch
CLS to launch payments netting service
CLS Netting, expected to go live in late 2017, will allow institutions to net trades currently not included in the CLS settlement service
R3 and Axoni conclude DLT trial for bonds
Proof-of-concept project explores uses for distributed ledger technology for bond issuance processes