Trade, Clearing and Settlement of Smart Securities
Capital Market Case Study: Innovative Digital Exchange
LIVE DEPLOYMENT OF STACS BLOCKCHAIN
FOR GIBRALTAR STOCK EXCHANGE
Project Peninsula: Live deployment of an EU-regulated Gibraltar Stock Exchange on the blockchain. The fully DLT-operated stock exchange will reap additional efficiencies covering areas of trade, clearing and settlement.
About Our Success Story In Capital Markets
Participants Involved
A 100%-DLT EUROPEAN STOCK EXCHANGE ECOSYSTEM
Fund Administrator
Stock Exchange
Broker
Jurisdiction / Regulator
How Is STACS Blockchain Technology Solving
Pain Points and Creating Opportunities?
Pain Points
Costly maintenance of legacy technological infrastructure
Opportunities
Automated, efficient settlements (Delivery versus Payment) on STACS
Directly leapfrog traditional exchanges withlower deployment and maintenance costs
A regional ecosystem creates new and efficient markets (through the combined advantages of a permissioned network and a global network):
- Cross-border listing and trading
- Multi-Assets
- Directly accessible on the Blockchain
Benefits of Smart Securities
Cost savings arise from shorter settlement periods: Trading = Settlement = SFIDVP
Cost-effective system:
Global trading, settlement
and custody of securities
Asset lifecycle embedded into smart contracts, reducing the need for reconciliations
Automated on-chain eligibility restrictions for onboarding purposes
100%
immutability
Lower counterparty
risk and reduced capital requirements
Potential to migrate to longer market hours due to instant delivery and settlements