A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
SG-FORGE deposited as collateral bonds issued on the public Ethereum blockchain in exchange for Central Bank Digital Currency from France鈥檚 central bank
The firms aim to provide access to SIX鈥檚 CO:RE platform and allow for greater flexibility in managing securities finance and OTC spot market-related activities
The financial technology firm collaborated with Clearstream and Eurex Repo to achieve the milestone, which took place during the European Central Bank trials
An ION-partnered Acuiti research revealed an industry-wide uncertainty about the viability of current mandate deadlines and the overall level of returns