Blockchain tech for derivatives CCPs – friend or foe?
Distributed ledgers can benefit – and won't replace – CCPs, says Nasdaq Clearing president
Fredrik Ekstrӧm is president at Nasdaq Clearing
The race is on to deploy blockchain technology – or, more generally, distributed ledger technology (DLT) – in the financial industry. But before clearing houses get too far down the track, they need to focus on where DLT can make a difference.
As a new method of recording, storing and sharing transaction data, DLT has the potential to be applied in a
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