HSBC has been appointed as the platform provider for DIGIT, which was initially announced by Chancellor Rachel Reeves in November 2024, with Ashurst set to provide legal services for the digital pilot
The transaction took place between Citadel and Wells Fargo on Tradeweb’s Swap Execution Facility, with post-trade processing routed through OSTTRA’s MarkitWire platform
The firm provides customer-centric banking, investment and wealth management services for individuals and businesses, and is a principal member of the HSBC Group
The Dutch online investment platform has partnered with Sharegain to launch ‘Lend & Earn’ which allows customers to generate extra income from their investments
The collaboration allows eligible clients to use tokenised money market fund shares issued through Franklin Templeton’s Benji technology platform as off-exchange collateral when trading on Binance
The lab will support collaborative, exploratory work focused on how synchronised payments through the Bank of England’s Real-Time Gross Settlement (RTGS) service could support the future evolution of wholesale market infrastructure
