CME warns some fintechs ‘miss the point’ in clearing

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

cme
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 working group, and it provides free access to historical futures and options data to non-profit

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: