LMAX Group And Standard Rented (LO: STAN) conducted the first live trades under the digital asset prime brokerage model. Pilot transactions included spot Bitcoin (XBT/USD) and Ether (XET/USD) pairs settled on a T+1 basis through Standard Chartered. England branch. This, bankinitials of digital asset Credit intermediation activity carried out through a primary underwriting framework.
Transactions were conducted on LMAX Digital, LMAX Group’s regulated institutional venue for digital assets. trade.
Standard Chartered’s Prime Brokerage team acted as the credit intermediary connecting counterparties, while post-trade payments occurred through the bank’s digital presence custody on the platform Dubai International Financial Center (DIFC).
The exercise integrated LMAX Group’s execution and matching technology with Standard Chartered’s customer connection, trade verification and risk management systems.
This pilot confirms a verification bankA world-class approach to digital asset brokerage, combining Standard Chartered’s corporate balance sheet strength, governance standards and risk controls with LMAX Group’s established market infrastructure.
It demonstrates how institutional clients can access digital asset liquidity and trading through a world-class brokerage structure supported by a level of traditional finance. compatibilitycredit, margin and reporting frameworks.
Standard Chartered, a Global Systemically Important Bank (G-SIB), is one of the first major banks. banks Testing this model based on digital asset trading capabilities launched in 2025.
The successful testing covered key operational elements including credit underwriting, trade booking, netting verification and seamless end-to-end workflow between execution and payment.
provided valuable information on the subject. integrated While traditional and digital asset infrastructures operate within established regulatory boundaries.
David MercerLMAX Group CEO emphasized the importance of this situation: “The lack of credit Counterparties with strong balance sheets on the scale we see in traditional finance have been a critical missing mechanism in the digital asset market to date.
This shows how it’s set up Sunday infrastructure and enterprise workflows can come together to support the development of an enterprise digital asset ecosystem.
It shows how bank-level balance sheet strength and risk management can be combined with proven market infrastructure to enable scalable digital asset market access.
This is a great example of impending convergence. TradFi and digital assets are moving into the future of cross-asset capital markets.”
Alison HigginsThe President of Standard Chartered Prime Services stated that the pilot is part of a comprehensive corporate development effort. digital asset presenting.
“This pilot is part of our broader strategy to build a comprehensive, institutional-grade digital asset platform spanning custody, trading and prime brokerage,” he said.
“As demand accelerates, we are helping our Prime Brokerage clients seize new opportunities backed by the risk management, controls and balance sheet strength they expect from a G-SIB.”
The collaboration builds on Standard Chartered’s expanding digital asset activities; custody and trading services through the Corporate and Investment Bank, as well as initiatives related to tokenization and custody infrastructure.
For LMAX Group, strengthens its position as the leading operator of enterprise application venues FX and digital assets.
Pilot expected informing the future development of scalable prime brokerage solutions digital assetsIt has the potential to enable broader corporate participation with security measures and operational standards familiar from traditional markets. Both organizations stated that they will continue to work together to achieve progress at the institutional level infrastructure in this area.
