Understanding the Challenges of Blockchain in Securities Settlement
February 21, 2019
The very volatile prices of Bitcoin over the past two years have somewhat obscured another, very important question in the capital markets: Can blockchain as a technology revolutionize the post-trade securities world? Although there has been some discussion of blockchain moving into the post-trade securities space, the transition is much harder than it looks. The post-trade world is quite fragmented, with various firms performing different but interrelated functions, depending on their roles in the market. This TABB Group report examines the securities post-trade world in detail and explores how post-trade processes would have to be modified in order to allow blockchain methodologies to work.
Areas of Interest
- Fixed Income