In this phase, Eurex Clearing will be involved in trials that settle cash amounts via the ledger of the Banque de France’s full DLT Interoperability Solution
In the first use case, an outstanding bilateral transaction was routed to the firm’s alternative trading system for confirmation, then forwarded to NSCC’s SFT Clearing service for processing
Upcoming regulation remains a key focus for market participants as firms struggle to solve for Basel III Endgame binding constraints, and as repo markets are set to face the inbound US Treasury clearing mandate
With the growing complexity of global politics, Stephen Fisher, global head of government and public affairs at Deutsche Bank, attempted to bring some clarity to this year's ISLA conference