ADEX Holdings Ltd (ADE) is partnering with Asterisk Networks Solutions (ANSL) to implement more efficient trading solutions.
ADE will list novel deliverable products while ANSL will facilitate the borrow and lend function, contributing to the orderly functioning of its markets.
Alternative Derivatives Exchange (ADE) is a regulated derivatives exchange, offering a full trading cycle from product issuance via its digital Central Securities Depository.
ANSL is a multi-asset class negotiation platform delivering peer-to-peer connectivity for its participants.
The partnership will ensure that the clearing member will be able to source the underlying assets necessary for short positions in the spot markets, as well as the required collateral during the product deleverage stage.
Djordje Radic, CEO of ADE, comments: “We look forward to the strategic direction Asterisk will bring to our team, particularly as we expand our global clearing and settlement strategy with Clear Chain technology.”
