Wall Street Ledger desk
Markets
Government bond issuance and buybacks, yield curve moves, credit conditions and the market plumbing behind them.
Asset Management
Fidelity International expands tokenized dollar liquidity fund access in Singapore
Professional and accredited investors can access the tokenized version of Fidelity International’s USD Digital Liquidity Fund through Sygnum’s regulated digital-asset platform.
ICE launches new tanker and container freight futures as Hormuz risk looms over shipping
The exchange operator added cash-settled contracts covering two major crude oil tanker routes and two container shipping corridors, giving traders and shippers new tools to hedge against freight-rate volatility.
Clearing & Settlement
DTCC moves its tokenization service from pilot to full commercial operation
The Depository Trust & Clearing Corporation is now issuing tokenized representations of Treasuries, equities and major ETFs under a multi-chain model spanning Canton Network and Hyperledger Besu, authorized under a three-year SEC no-action letter.
Central Banking
ECB maps a path from tokenized settlement to a possible 2029 digital euro
The European Central Bank is building two linked DLT initiatives, Pontes and Appia, to settle tokenized transactions in central bank money ahead of a potential first digital euro issuance pending legislation.
Asset Management
BlackRock pitches tokenized money market funds as instant collateral while crypto ETF flows diverge
The world’s largest asset manager used the TOKEN2049 conference to promote tokenized cash funds as a faster collateral tool, even as its spot Ethereum ETF logged a $202 million single-day redemption and its Bitcoin fund kept drawing inflows.
Public.com adds Kalshi prediction markets and AI trading agents to its brokerage app
The retail brokerage’s new partnership lets users trade event contracts alongside stocks, options, and crypto, and deploy AI agents that can act on plain-language prompts across those asset classes.
TD Bank posts record adjusted profit of $4.7 billion as U.S. retail arm stabilizes
Toronto-Dominion Bank’s fiscal third quarter showed adjusted net income up 21% year-over-year, a milestone that comes as the bank continues rebuilding its U.S. business following its 2024 anti-money-laundering settlement.
Wealthfront tops $100 billion in platform assets after a slow-revenue quarter
The automated investing firm reported $99.0 billion in total platform assets for its fiscal second quarter, up 12% year-over-year, even as revenue growth slowed to just 1%.
Interactive Brokers’ customer accounts jump 34% as rate hike adds to interest income
The brokerage reported second-quarter net revenues of $1.90 billion and customer equity approaching $1 trillion, with results increasingly sensitive to the Federal Reserve’s September 16 rate move.
Societe Generale targets 13-14% return on equity by 2029 in new strategic plan
The French bank unveiled a multi-year roadmap on September 21, 2026, aiming for a return on tangible equity above 15% from 2030 onward — a marked step up from its recent profitability levels.
Interactive Brokers’ customer accounts jump 34% as rate hike adds to interest income
The brokerage’s client base grew to 5.19 million accounts and $930.3 billion in customer equity, and the Fed’s September 16 rate increase gives its interest-heavy revenue model another tailwind.
Market Infrastructure
Nasdaq now makes most of its money selling software, not running a stock exchange
Two years after its $10.5 billion Adenza acquisition, the company’s regulatory-technology and anti-financial-crime units have overtaken trading as its revenue center of gravity.
Treasury doubles the size of its long-end buybacks, testing whether it can calm the 30-year
From September 9, liquidity support operations in the 10-to-20 and 20-to-30 year sectors will run to at least $4 billion apiece, up from a $2 billion ceiling.