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World's first intraday FX swap was executed through the Finteum interbank platform, which uses DLT to allow for rapid bank funding and liquidity.
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Global banks announce that they have progressed with the Finteum Platform integration work, which offers a new tenor for interbank funding products19 banking groups entered into simulated intraday FX...
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Fourteen large banks have trialled a platform for intraday FX swaps and intraday repo and a subset of so-called ‘Key Participant’ banks are planning to go liveIntraday FX swaps are an important...