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CME warns some fintechs ‘miss the point’ in clearing

IDX panellists see reduced operational role for CCPs that will instead act as trusted oracles

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CME: some of the fintech companies the group has met with do not understand the global regulatory constraints affecting the clearing business

CME Group's head of digitisation, Sandra Ro, has warned against expecting early adoption of distributed ledger technology (DLT) and criticised some financial technology start-ups for their lack of understanding with regard to the clearing business.

CME Group has made some partnerships in the fintech space. The Chicago-based clearing house supports the Hyperledger Project, an open-source blockchain

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