Nasdaq Sees Low Hanging Fruit in Blockchain Post-Trade
Nasdaq broke a lengthy public silence on its blockchain work last week to discuss the technology's applications in capital markets. Speaking at the Marketforce blockchain conference in London, Fredrik Ekström, president of Nasdaq Clearing, gave a presentation on what the US stock exchange giant sees as a low-hanging-fruit use case for collateral management, or the process by which credit risk is reduced in unsecured financial transactions. Discussing the challenges faced by the collateral management processes, Ekström told an audience of financial professionals that he believes this area....
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