ARTICLE
23 October 2018

DTCC And GFT Say Distributed Ledger Platform Can Support U.S. Equities Trading Volumes

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
In a new study, the Depository Trust & Clearing Corporation ("DTCC") concluded that a distributed ledger platform has the capacity to support average daily trading volumes ...
United States Corporate/Commercial Law

In a new study, the Depository Trust & Clearing Corporation ("DTCC") concluded that a distributed ledger platform has the capacity to support average daily trading volumes in the U.S. equity market of more than 100 million trades per day. DTCC cautioned that the study only tested basic functionality and that additional work is needed to determine whether the technology can meet resiliency, security and regulatory requirements.

In a separate independent study, Gesellschaft für Technologietransfer ("GFT"), a provider of business, IT and software services, concluded that a distributed ledger platform can process upwards of 27,000 trades per second for a sustained period of time, exceeding peak U.S. equity trading volumes.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More