About a-team Marketing Services

A-Team Insight Briefs

DTCC’s Project Ion Goes Live, Processing Over 100,000 Transactions Per Day on DLT

Subscribe to our newsletter

The Depository Trust & Clearing Corporation (DTCC), the market infrastructure provider, has gone live in a parallel production environment with the Project Ion platform, an alternative equities settlement platform that leverages distributed ledger technology (DLT). The platform is now parallel processing an average of over 100,000 bilateral equity transactions per day, and almost 160,000 transactions on peak days.

DTCC claims that Project Ion represents one of the largest DLT initiatives in equities settlement across the financial services industry. DTCC partnered with enterprise technology provider R3 to develop and launch the Project Ion platform, leveraging R3’s Corda DLT software.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Trade South Africa: Considerations for Connecting to and Trading the Johannesburg Markets

Interest among the international institutional community in trading South African markets is on the rise. With connectivity, data and analytics options for trading on the Johannesburg Stock Exchange growing more sophisticated, and the emergence of A2X as a credible alternative equity market, South Africa is shaping up as a financial centre that can offer a...

BLOG

Trayport and Montel Group Collaborate to Boost Transparency in Green Energy Trading

Trayport Limited, the primary network and platform for European wholesale energy markets and a subsidiary of TMX Group, is to integrate the Montel Marketplace into Trayport’s Joule platform. This integration will enable users of Joule to trade Guarantees of Origin (GOs) on the publicly accessible Montel Marketplace platform. GOs, certificates that provide proof that a...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...