Re:Daiwa to adopt blockchain for Myanmar stock trading
by eb0la on Sunday November 06, 2016 @03:16AM
(#12884125)
Exchanges are a textbook case of a shared ledger.
They have separate systems that must work in sync with very low latency between them: order processing, the ledger (for clearing) and price advertising.
The main advantage of a blockchain is with the ledger price advertising between exchange members comes free.
I guess they can even implement OTC markets between peers, but I am not sure how do they plan to work with dark pools where parties want anonimity. Maybe they will just implement an internal blockchain with APIs for anonymous trading.
The main advantage of a blockchain is with the ledger price advertising between exchange members comes free.
I guess they can even implement OTC markets between peers, but I am not sure how do they plan to work with dark pools where parties want anonimity. Maybe they will just implement an internal blockchain with APIs for anonymous trading.