Leading the Way
Global Securities Finance News and Commentary
Securities finance news and commentary
Technology
Canton Foundation backs RedStone to build pricing standard
29 October 2026 Switzerland
Reporter: Madison Hendrickson
The Canton Foundation has approved funding for RedStone to develop an open-source pricing framework designed to allow pricing of transactions on Canton without revealing underlying positions or agreed settlement values, says the firms
People moves
MUFG appoints Kirschner as CEO
29 October 2026 Japan, US
Reporter: Zarah Choudhary
McAllister Kirschner has served as chief operating officer of MUFG Investor Services since 2018, overseeing business and banking operations across public and private markets
People moves
NeoClear onboards Salmona
28 October 2026 UK
Reporter: Theodore Law
Based in London, Loïc Salmona joins the firm after serving seven years as chief information officer at EquityClear at LCH, where he led technology initiatives
Leading the Way
Global Securities Finance News and Commentary
Exploring an evolving market
London’s Securities Finance Symposium played host to intriguing market conversations and debate. Touching on T+1 readiness, beneficial owner insights, as well as tokenised securities and the collateral frontier
The regulatory race to scale cross-border tokenised collateral
As tokenised collateral moves beyond pilot programmes and into institutional markets, attention is shifting from technology to regulation. While digital assets promise greater collateral mobility and operational efficiency, divergent regulatory approaches risk creating new barriers to global liquidity. Theodore Law speaks with industry experts to investigate the regulatory risks and operational hurdles ahead
Eyes on the prize: The direction of travel for Bitcoin
Thomas Wu, chief financial officer at Ledn, examines how banks are approaching Bitcoin as collateral and why risk considerations, from capital treatment and custody to liquidity and liquidation, are shaping how institutions choose to hold the asset
From market opportunities to future potential
Market participants gather to discuss the key movements in the US market, from 24-hour trading in equity markets and regulatory transparency, to how digital assets are transitioning from pilots to adoption
Leading the Way
Global Securities Finance News and Commentary
Calastone
Distribution. The catalyst for tokenised funds?
Simon Keefe, managing director and head of digital assets at Calastone, sits down with Matthew Challis to discuss the future of digital distribution, how stablecoins and tokenised deposits are changing treasury management, and why smart contracts might be redefining the role of transfer agents
Canton Foundation
The tokenisation transition
Viv Diwakar, head of the Canton Foundation, speaks to Matthew Challis about the operational disconnect between digital trading venues and cash and collateral rails, and how open standards and shared synchronisation layers are preventing fragmented institutional networks
Euroclear
The strategic importance of collateral
Euroclear’s Marije Verhelst, head of product strategy and product development, collateral management and securities lending, sits down with Carmella Haswell to discuss optimisation, connectivity, and moving from concept to reality in the world of collateral
HQLAX
Digital collateral mobility: Unlocking non-cash variation margin
Martin O’Connell, Solutions Architect at HQLAX, explores the importance of digital collateral mobility, noting that the objective is not to create a new market structure, but to make non-cash collateral usable in a workflow that is frequent, time-sensitive, and operationally repetitive
Leading the Way
Global Securities Finance News and Commentary
News and people moves roundupCan all roads lead to the same end?
Thomas Wu of Ledn examines how banks are approaching Bitcoin as collateral and why risk considerations are shaping how institutions choose to hold the asset.The regulatory race to scale cross-border tokenised collateral
As tokenised collateral moves beyond pilot programmes and into institutional markets, attention is shifting from technology to regulation. Theodore Law reports.Exploring an evolving market
London’s Securities Finance Symposium played host to intriguing market conversations and debate. Touching on T+1 readiness, beneficial owner insights, as well as tokenised securities and the collateral frontier.