This is said to help transform assets to high-quality balance collateral, and will allow clients to automate the use of money market funds (MMF) in triparty transactions
The solution is designed to provide market makers and foreign portfolio investors with an enhanced trading experience throughout the entire trade lifecycle
The service provides a centrally cleared model for SFT transactions, and works to enhance the capital efficiencies associated with activities such as securities lending
The inquiry follows concerns from ASIC and the Reserve Bank of Australia (RBA) over ASX’s ability to maintain a secure, stable, and resilient market infrastructure
