The collaboration highlights how digital currencies and digital collateral records can improve the speed, efficiency, and resilience of Australia鈥檚 US$350 billion repo market
The initiative will be predominantly focused on tokenised collateral, onchain financing, and institutional-grade digital settlement solutions, building on the company鈥檚 prior work on the Canton Network
This rise was driven by an 18 per cent YoY rise in GC Pooling average daily TAV to 鈧�243.1 billion, and an 92 per cent YoY increase in special repo average daily TAV to 鈧�330.2 billion
This rise was driven by an 85 per cent YoY rise in GC Pooling average daily TAV to 鈧�276.9 billion, and an 48 per cent YoY increase in special repo average daily TAV to 鈧�253.5 billion
According to Matt Gierke, global head of BrokerTec at CME Group, BrokerTec's overall average daily notional value for March reached an all-time record of US$1.151 trillion