Eurex Clearing is actively participating in the second wave of the Eurosystem’s exploratory work on new technologies for wholesale central bank digital money settlement. These trials aim to explore the potential of distributed ledger technology (DLT).
The ECB has now officially confirmed the Wave 2 stakeholders which include Eurex Clearing and other market participants along with DLT operators like Clearstream.
As part of Wave 1 of the exploratory work, Eurex Clearing has been also engaged in testing the Trigger Solution developed by Deutsche Bundesbank. The use case focuses on a centrally cleared repo transaction. The repo instrument is a native digital commercial paper traded on Eurex Repo’s F7 platform; issued and settled on Clearstream’s D7 DLT-capable digital securities platform.
In Wave 2, Eurex Clearing is involved in trials…
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