Ripple has launched Ripple Prime, its prime brokerage arm, which clears trades at CME Group exchanges.

1 report, 1 independent Updated Aug 19

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Ripple CME Group

How it developed

Newest first. Tap a step to see who reported it.

Aug 26Ripple's institutional brokerage arm is utilizing the XRP Ledger for its operational activities.Sub-event
Aug 19Ripple Prime, Ripple's prime brokerage arm, begins clearing trades at CME Group.1 source
- yahoo.com

Keep exploring

Part of

Major trading platforms including CME Group, Coinbase, Nasdaq, NYSE, and ICE are facing competition from new trading products and market entrants. All 2 developments

The entities involved

Ripple
creator and a developer of the Ripple payment protocol and exchange network.
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CME Group
futures company and one of the largest options and futures exchanges, located in Chicago, Illinois, United States
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Related events

CME Group and Nasdaq are both recognized as major financial exchanges.Aug 28

Coverage

Newest first; wire copies grouped

Aug 19yahoo.com