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Major investment banks and asset managers partake in landmark blockchain pilot

The TRADE

Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.

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Sumitomo Mitsui Trust AM set to leverage DTCC’s Institutional Trade Processing service in T+1 transition

The TRADE

Sumitomo Mitsui Trust Asset Management has adopted DTCC’s Institutional Trade Processing (ITP) suite of services in a bid to enhance its offering as the US shift to a T+1 settlement cycle fast-approaches, scheduled for 28 May. We are happy to collaborate with the wider industry to bring accelerated settlement to our clients.”

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SIX unveils new bot providing clients enhanced insight into corporates’ movements

The TRADE

Historically, monitoring corporate actions has been a highly labour-intensive process, costing the back-office departments of asset managers and investment banks significant time and money.

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Plato Partnership admits Liquidnet as strategic partner

The TRADE

“We have always focused on applying technology to make financial markets more efficient and we’re looking forward to working with Turquoise, the buy- and sell-side members of the Plato group to bring solutions to the industry’s most difficult challenges.”

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Optiver becomes first market maker to join Plato partnership as full member

The TRADE

“As part of our mission to improve markets, we proactively seek to share our knowledge and expertise as a way of driving progress throughout our industry,” said Jan Boomaars, chief executive of Optiver. “A

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Leaders in Trading 2023: Industry Person of the Year shortlist revealed

The TRADE

Alongside his various equities roles within the market, Jackson has previously been co-chair of the FIX committee for EMEA, an advisor to the UK Government office for science on the future of computer trading in financial markets and a founding member of the OpenTCA initiative to promote transparency and standards in transaction cost analysis (TCA).

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People Moves Monday: Union Investment, LCH Group, Instinet and more…

The TRADE

Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, as revealed by The TRADE. Poilvet-Clédière brings over 15 years’ experience in financial markets to the role.