๐ HKEX launches Synapse, a smart contract-powered equities settlement platform! Here's the scoop:
- Synapse uses DAML programming language to streamline post-trade flows and boost operational efficiency
- It'll be deployed on Stock Connect, giving international investors access to 1,000+ Mainland Chinese stocks via Hong Kong
- HKEX links to DTCC's ITP service for central matching of cross-border transactions, automating settlement instructions
- Hong Kong is transforming into a Web3 hub, but beware: JPEX crypto exchange scandal still looms large
Stay tuned for more exciting blockchain news! ๐
- Synapse uses DAML programming language to streamline post-trade flows and boost operational efficiency
- It'll be deployed on Stock Connect, giving international investors access to 1,000+ Mainland Chinese stocks via Hong Kong
- HKEX links to DTCC's ITP service for central matching of cross-border transactions, automating settlement instructions
- Hong Kong is transforming into a Web3 hub, but beware: JPEX crypto exchange scandal still looms large
Stay tuned for more exciting blockchain news! ๐