The firm has been admitted as a general clearing member of the London Stock Exchange.
Tokenization, prediction markets, perpetuals & extended hours are market expanders, not cannibalization risks.
Temporary, conditional innovation exemption has been granted to Tokenized Securities Venues (TSVs).
This paves the way for Ondo tokenized funds to reach traditional fund distributors.
Bitnomial, Payward’s CFTC-regulated exchange and clearinghouse, would be the HIP-3 deployer.
This builds on recently launched ICE IDs for private credit instruments.
There is growing interest in prediction markets from quant research teams, macro & systematic hedge funds.
The introduction of central clearing will help align Iceland with international standards.
Jean-Michel Manry, head of fixed income trading at Vontobel‘s investments arm, discusses his desk.