Global Custodian Clearing and Settlement Issue 2018 | Page 4

[ C O N T E N T S
C O N T. ]
REGULARS
3
INSIDE VIEW | JOE PARSONS
6 People moves and news
in clearing, collateral and
settlement
THE FIRST LOOK IN-DEPTH
5 Canadian group heralds
instantaneous blockchain
settlement success 10 First mover advantage
Payments Canada, the Bank of Canada and
TMX Group conclude that instantaneous
equity settlement through distributed ledger
technology is “feasible”
N E W S A N A LYS I S
8
Collateral fears still loom large
Concerns over sudden surges of collateral
demands during volatile times have prompted
buy-side to move to a direct model with the CCP.
The Australian Securities Exchange (ASX) has been
the first adopter of blockchain technology for its
equity post-trade infrastructure. Will this move
resonate with other clearing houses, and is this a
time to embrace