# settlements News

The Australian Securities Exchange (ASX) stated on Tuesday, September 4, 2018, that it will delay its transition to blockchain technology by six months to allocate more time towards user development and testing. ASX Extends Timeframe According to Reuters, the ASX announced in 2017 that it would replace its existing Clearing...

UK-based fintech startup Cobalt has added electronic trading houses Citadel Securities and XTX Markets to its impressive list of participants who have committed to become users of its new blockchain-based institutional forex settlements platform. Cobalt has developed a post-trade processing system for the currency market that utilizes distributed ledger technology...

U.K.-based Global Markets Exchange Group (GMEX Group) has announced the integration of uClear, a real-time clearing and settlement platform that uses blockchain technology. Launched today, uClear is a product of uTrade Solutions, based in India, that enables real-time clearing and settlement of contracts across the cash and derivatives segments of...

In a seminar titled “Blockchain: The Financial Challenge of our Time” hosted by CNBC and the Singularity University, former JPMorgan executive and one of the most powerful women on Wall Street, Blythe Masters, gave an exclusive talk about bitcoin, its advantages, and its efficiency in settling transactions and payments. The...