SDX partners with RULEMATCH
17 October 2024 UK
Image: Maxim Borbut/stock.adobe.com
SDX and RULEMATCH have partnered to launch an integrated end-to-end solution to trade and settle crypto assets.
With this solution, institutions will be able to trade on RULEMATCH's platform with post-trade clearing and settlement. They will further be able to hold crypto assets in SDX's custody, and increase their crypto collateral positions in a timely manner.
The companies say the integrated solution will be available on RULEMATCH's trading and settlement platform from Q4 2024.
Head of SIX Digital Exchange, David Newns, states: "Our partnership with RULEMATCH tackles issues head-on by providing transparency, and, crucially, a clear separation of trading and custody roles. This means institutional investors retain full control over their collateral via SDX’s custody and can segregate assets by crypto address, ensuring clarity on asset location at all times.”
David Riegelnig, CEO of RULEMATCH, adds: “As a pure market operator, RULEMATCH is thrilled to partner with SDX and integrate its custody services with our trading and settlement platform.”
With this solution, institutions will be able to trade on RULEMATCH's platform with post-trade clearing and settlement. They will further be able to hold crypto assets in SDX's custody, and increase their crypto collateral positions in a timely manner.
The companies say the integrated solution will be available on RULEMATCH's trading and settlement platform from Q4 2024.
Head of SIX Digital Exchange, David Newns, states: "Our partnership with RULEMATCH tackles issues head-on by providing transparency, and, crucially, a clear separation of trading and custody roles. This means institutional investors retain full control over their collateral via SDX’s custody and can segregate assets by crypto address, ensuring clarity on asset location at all times.”
David Riegelnig, CEO of RULEMATCH, adds: “As a pure market operator, RULEMATCH is thrilled to partner with SDX and integrate its custody services with our trading and settlement platform.”
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