According to the firm, the launch reflects Binance's belief that financial inclusion grows meaningfully when access to opportunities becomes simpler and more integrated
According to the T+1 Accelerated Settlement Taskforce, this is crucial to avoid an increase in settlements fails post-transition and ensure that the market functions efficiently and effectively on T+1
The platform is designed to support evolving trading strategies, combining flexible financing, multi-asset execution, and post-trade support for institutional clients across global markets
The Global Legal Entity Identifier Foundation and the Bank for International Settlements have launched the project to test a prototype for cross-border open finance interconnectivity
According to the firm, Paxos Securities Settlement Company is the only blockchain-native firm approved by the US Securities and Exchange Commission as a clearing agency
The collaboration combines EquiLend's Spire technology and product expertise with Delta Capita's domain experience in securities finance, large-scale system implementation, and change management
Yuka Hasumi has been appointed as senior sales executive, capital markets, trading, and asset services and will be responsible for the company’s securities finance solutions business in Japan
This review is part of ESMA’s work to support market participants in preparing for the transition to a T+1 settlement cycle and invites stakeholders to submit feedback by 7 July