The solution marks 鈥渢he first time鈥 in the US that fund managers have enabled subscription for shares of their MMFs via BNY鈥檚 LiquidityDirectSM and Digital Asset platforms
Launched in January, the project will use the Canton Network鈥檚 privacy capabilities to create an on-chain collateral and margin management solution for bilateral derivatives
鈥楨xplore Mode鈥 provides institutions with a new way of interacting with the rules both across Droit鈥檚 pre-trade products which enable financial institutions to understand their commercial possibilities
The modular trading platform is designed to offer complementary functionality, such as pre-trade risk, advanced options pricing, and index calculations