Bitcoin technology finds new uses in finance

Using blockchain should drastically speed up post-trade settlement


Bitcoin has yet to overturn the world's financial system, as its creators promised. But although the crypto-based currency remains a minority interest, banks and other financial companies are looking more closely at the blockchain technology behind it, combining the open-source code with adaptations aimed at satisfying compliance obligations.

Peter Randall, the former chief executive and founder of Chi-X, the pan-European multi-trading facility that upended equity markets in 2007, explains the

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