Banks test blockchain potential for real-time market surveillance

Regulators can monitor a million active trades and hundreds of messages per second in swap test

Blockchain graphic
Linked in: an external signal could automate functions on the smart contracts

A group of banks and tech firms has tested the use of blockchain technology and smart contracts for the affirmation and post-trade lifecycle management of equity swaps, in concert with a node on the network acting as a regulator to test the technology's potential to allow for real-time market surveillance.

The test – on over-the-counter single name, total return, index and portfolio equity swaps – was conducted by a group of five banks and organised by distributed ledger technology (DLT) firm

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: