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Fixed Income Trading: New venues

A simple question came up recently in a conversation – how many new Fixed Income trading venues are there?  I could not think of anywhere th...

Friday, 8 July 2016

Blockchain: After the POC

Blockchain and associated distributed ledger technology is clearly a hot topic right now.   Many firms are engaging in projects to present "proof-of-concept" (POC) of the technologies.  Given the long standing interest of this blog in buy-side OMS, EMS, innovation, disruption, FIX and blockchain it's time for a proposal for the future...



Today a buy-side typically has IBOR, EDM, OMS and EMS. Why not swap out IBOR for blockchain?



If a buy-side can have a private blockchain with their custodian, why not have IBOR replaced by blockchain and OMS/EMS sat atop using FIX to communicate with brokers? It's a nice set of baby steps down the road of adoption of blockchain within an environment of trust where adoption is a matter of implementation.



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