The initiative builds on the flexibility provided under SEBI’s securities lending
and borrowing framework, which allows the introduction of contracts with different tenures based on the evolving needs of market participants
In collaboration with Digital Asset, Progmat, and four MUFG companies, the proof-of-concept aims to apply blockchain technology to secondary‑market repo activity by enabling automated lifecycle processes and real‑time settlement
According to the institutional hedge fund market intelligence platform, this signified investor scrutiny as to whether the “massive” spending on AI is “starting to pay off”
According to the firm, this milestone is an important step towards improving collateral mobility in the Canadian repo market with full automation of repo collateral and unlimited real-time substitution
LTP will join the consortium of DPT partners — including EquiLend, Galaxy Digital, and Marex — which are working to advance the next phase of institutional digital asset lending infrastructure
The acquisition marks the official launch of Transparence IO, a provider of outsourced securities lending technology, by securities finance veteran Tony Venditti
Andy Smith, formerly of Northern Trust, brings 40 years of experience in securities lending and controls to the role, where he will contribute to the build-out of the firm’s advisory business
It is the latest European bank to join the Listed Rates service, which provides clearing of US Treasury and SOFR futures traded on LCH’s partner FMX Futures Exchange