Tokenized asset operations/Tokenized debt secondary market
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Tokenized debt secondary market

Route

Issue-parameter-gated market enablement and operating-window control

Outcome

Review market enablement, client readiness, order capture, match formation, settlement, and evidence close before opening the workspace.

Timing

Market enablement follows programme-term setup and issue-level permissions.

Control roles

SN orchestrationIssuer / programme ownerBank operatorQuotation / matching layerCash settlement participantRegister / recordkeeper

Steps

1

Market enablement and boundary

2

Client readiness and entitlement

3

Quotation and order capture

4

Match formation and execution routing

5

Settlement and register close

6

Confirmation, portfolio, and evidence close