A look at key FMI's and their use of blockchain
Abstract
Financial market infrastructures (FMIs) are the mainstay of the financial system, providing the essential infrastructure for financial transactions and settlements to occur. FMIs include trading venues, central counterparties, and trade repositories. These institutions are critical for ensuring the smooth functioning of financial markets and the stability of the financial system. There are many financial market infrastructures (FMIs) globally that provide the necessary infrastructure for financial transactions and settlements to occur.
As technology continues to advance, several FMIs are exploring new ways of innovating, improving their operations, and future-proof revenue. One technology that is garnering interest from FMIs is blockchain. Various FMIs are leveraging blockchain technology in several ways:
