Standard Chartered, LMAX Execute First Digital Asset Prime Brokerage Trades on Bitcoin and Ethereum

BTC2.08%
ETH1.74%
Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades on spot Bitcoin and Ethereum with T+1 settlement, the companies announced. Standard Chartered acted as the credit intermediary while trades were executed on LMAX Digital, demonstrating a bank-grade digital asset prime brokerage model. The pilot tested key workflows including trade booking, settlement and margin processes, with Standard Chartered leveraging its balance sheet, custody capabilities and operational controls alongside LMAX Digital's institutional execution venue.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments