← All Crypto news

Standard Chartered and LMAX execute digital asset prime brokerage pilots

3 min read

Standard Chartered and LMAX Group conducted pilot transactions executing Spot Bitcoin (XBT/USD) and Ether (XET/USD) trades with T+1 settlement through Standard Chartered's UK branch and custody in the DIFC. The trades ran on LMAX Digital and used Standard Chartered Prime Brokerage as the credit intermediary, integrating execution, trade booking and settlement to validate controls across credit, margin, risk management and reporting. The pilots demonstrate an end-to-end institutional workflow and inform a roadmap for scalable, institutional-grade market infrastructure that could accelerate institutional access to digital asset intermediation.

Pilot trades settled T+1 for Spot Bitcoin and Ether.

The full analysis

19 dimensions on this story β€” world impact, market read, and what happens next.

  • Full ContextLocked
  • Affected SectorsLocked
  • Stock ImpactLocked
  • Economic IndicatorLocked
  • Investor RelevanceLocked
  • Professional RelevanceLocked
  • Watch PointsLocked
  • Probability of ChangeLocked
  • Debate PointsLocked
  • Historical ParallelLocked
  • Prerequisite KnowledgeLocked
  • Follow-up QuestionsLocked
  • Pros & ConsLocked
Start your 7-day free trial