Bitcoin Could Change The Derivatives Market, Says UBS Banker

Bitcoin Could Change The Derivatives Market, Says UBS Banker

Bitcoin could change derivatives, in particular settlement, trading and securities issuance according to some individuals, among whom are bankers and technologists. Alex Batlin, who has been a vocal supporter of banks adopting Bitcoin related technologies, told attendees of the IDX Derivatives Expo in London that blockchain technologies will change banking. "Blockchain technologies can make banks more efficient - for example through instantaneous settlement rather than the days it takes at present, lower costs and lower operational risk," according to Alex Batlin, chief technology officer....


Related News

Why This Former Banker Is Convinced XRP Will Disrupt The Payments Industry

Highlighting the considerable limits of traditional banking systems, a former banker has placed XRP at the top of payment services in the financial sector, predicting that cryptocurrency will disrupt the payments industry.  Bold XRP Prediction By Financial Expert In a rather lengthy X (formerly Twitter) post, ex-banker and financial expert, Kyren made a controversial prediction […]

Trump Presidential Victory Could Change Financial Services

Republican presidential nominee Donald J. Trump may have shocked the world after the American people elected him as the 45th U.S. President, but financial service companies now face an uncertain future, according to a report from the American Banker. Just like the Brexit vote back in June, Trump’s surprise victory has left many financial observers unprepared for an outcome that many didn’t think would be possible. However, in 100 days, president-elect Trump will become America’s next president, which means that financial service companies must embrace Trump’s deregulatory views. Not only....

Max Keiser: Banker Suicides ‘Likely to Increase as the Fiat Bubble Continues to Implode’

Max Keiser discusses raising over US$1.5 million, who the number one basher of Bitcoin is, and why bankers’ arrests are needed if he becomes the economic advisor to the Mayor of London. Max Keiser, host of the Keiser Report, and Simon Dixon, an ex-investment banker, have raised over US$1.5 million from 710 backers for 50% of their new venture capital fund Bitcoin Capital. The project on the equity crowdfunding platform BnkToTheFuture.com surpassed its funding goal by over a half a million dollars. CoinTelegraph: How do you plan to change investment in Bitcoin through Bitcoin Capital?....

The SEC Votes to Modernize Regulatory Framework for Derivatives Use

The US Securities and Exchange Commission (SEC) will enhance the regulatory framework for derivatives use by registered investment companies after passing a vote to either change or amend existing rules. As part of the new framework–which covers mutual funds, exchange-traded funds (ETFs), and closed-end funds–operators must undertake to implement a written derivatives risk management program. A Modern Approach to Derivatives Regulation The rule changes, which open the doors for more leveraged ETFs, will also permit a fund to enter into reverse repurchase agreements and similar....

American Banker Conference: Lines Drawn in Blockchain Debate

American Banker's second annual digital currencies conference was also its first to put an equal emphasis on the emerging opportunities posed by bitcoin's distributed ledger, the blockchain. The idea that conversation around the technology has altered drastically in the last year was first noted by American Banker editor in chief Marc Hochstein in the event's opening address. The talk proved forward-thinking in its praise for the promise of more expansive and experimental use cases for the blockchain while acknowledging that bitcoin, as its first application, had kickstarted a new wave of....