Deutsche Börse Group to Create Blockchain Project

German trading platform for securities is working on a blockchain based platform for securities lending
27 March 2018   581

Deutsche Börse Group joined forces with HQLAx using R3’s Corda Blockchain platform to develop Blockchain-based platform for securities lending. This is reported by Finance Magnates.

Partnership aimd to create a “fully integrated front-to-back operating model” in order to “facilitate more efficient collateral management of high-quality liquid assets.”

With the creation of a neutral custody agnostic control layer, Deutsche Börse is embracing distributed ledger technology and complements it with a neutral and trusted market infrastructure role open to multiple custodians and collateral agents. This way Deutsche Börse supports market participants to deal with the global regulatory framework whilst reaping the benefits of the leading edge distributed ledger technology.
 

Philippe Seyll 

Executive Manager, Deutsche Börse Group

In early March, Credit Suisse and ING completed the first securities deal using a mechanism based on HQLAx Corda. 

Caspian to Launch Crypto Derivatives Trading

Caspian does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x
21 March 2019   81

Caspian, an asset-oriented asset management platform, has launched cryptocurrency derivatives trading.

Thanks to integration with Deribit, Caspian customers gained access to trading in futures and options for Bitcoin and Ethereum. Also, the platform will provide the opportunity to trade indefinite bitcoin-swap.

According to Caspian, the platform does not charge commissions for depositing and withdrawing funds and provides leverage up to 100x.

We are excited to be working with Deribit to make the trading of crypto options and futures possible within the institutional community. Our goal at Caspian is to provide crypto traders and investors the same standard of tools and service that exist in the traditional markets and its great knowing that the team at Deribit is working towards the same high standards.
 

Robert Dykes

CEO, Caspian

Caspian noted that their platform connects to Deribit via an API that supports “large trading volumes with extremely low latency”. The platform also has full access to the book of orders of the crypto-derivative stock exchange.