The US-based solutions vendor indicates that the platform provides an integrated solution tailored for FCMs and agency brokers, offering pre-trade risk management, order routing and execution links to a range of listed derivatives markets
The first phase of the pilot, completed in December 2023, tested new inbound automated messages for processing corporate actions. Phase 2 is scheduled to start in Q3 2024, where participating firms will test a modernised corporate actions portal
This represents the latest step in Liminal’s strategy to extend its coverage to institutional investors in the Asia Pacific and MENA regions, including family offices, hedge funds, digital exchanges, corporate treasurers, private equity and VC
HBSC has announced two global custody mandate wins in the Australian market, confirming the importance of Australia for its custody franchise and building on the strength of its global custody services capability, the bank says
UK central bank powers to limit CCP discretionary payments to employees and shareholders came into effect from 16 February, with these powers limited to five years’ duration and with consideration given to impact on CCP hiring and staff retention
This tested the tokenisation of a private equity fund issued by Wellington, with ABN AMRO fulfilling the role of a traditional investor. The proof of concept was conducted on the Avalanche Spruce Institutional test Subnet
These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FPS in the Bank of England’s RTGS system
The company launches its MACH Distributed Ledger product with six component modules, spanning trade settlement, tokenisation, reconciliations, digital asset issuance and custody, KYC and improved interoperability between DLT systems
