The platform has been developed in collaboration with more than 10 banks and buy side firms to deliver practical solutions to post-trade processing challenges
The project is a collaborative initiative to evaluate how tokenisation and distributed ledger technology can improve bond issuance and settlement in a real-world setting
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 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
The integration allows institutional clients to streamline operations through automated settlement and real-time reporting while enhancing visibility with integrated position reporting across multiple currencies and counterparties
The On-Chain Public Equity Network allows companies to issue their equity native on blockchain and enables investors to invest in US public equities while accessing DeFi for borrowing against and lending out stock