Alternatives are a strategic priority for many financial services firms.
The Dutch bank also used tokenized commercial paper as collateral.
The initiative will expand into Europe, beginning with Belgium and Luxembourg.
The bank can expand its global FX platform business through an optimized capital usage.
OTC Clear decided to welcome entities incorporated in England and Wales as clearing members.
The bank last named 80 partners in 2022.
Blockchain-based payment solutions for cross-border payments are a strategic focus for UBS.
For adoption, digital assets must seamlessly integrate with existing payment systems & digital currencies.
The two firms have published research on using quantum computers in pricing algorithms.