The distributed-ledger technology (DLT) driven settlement service is now processing an average of more than 100,000 bilateral equity trades daily and more than 160,000 transactions on peak days in parallel production
The introduction of an expiration date could throw global research markets and the relationships between European and global asset managers and US brokers into chaos
By linking to the Chicago-based clearer for futures, options and securities lending trades, clearing members will be able to automate collateral management across 11 CCPs globally via the Baton Core-Collateral ecosystem