Rigid standards risk disrupting repo markets and weakening Treasury market resilience.
Broadridge’s Distributed Ledger Repo & Fnality’s Payment System showcase the power of tokenization.
This is an important step towards providing more flexible liquidity management possibilities.
CCMS was developed by TMX & Clearstream and provides domestic triparty repo capabilities.
This enables data connectivity and standardization to power Euroclear’s new Bilateral Repo service.
This is important given upcoming legislation including the US Treasury clearing mandate.
The repos were collateralized by tokenized US treasuries & European government bonds at JPMorgan Triparty.
The new integration enables real-time access to actionable repo market data.
Institutional money could soon pour into tokenized real world assets.
