后来 发表于 2025-3-26 23:20:52
,Envisaged Framework and Key Considerations,nd clearing by the central counterparty (CCP) at the front end. However, the back end will shift to a blockchain-based new system of securities registration and settlement. With the basic framework in place, the existing financial market infrastructure (FMI) pattern will not change significantly.污点 发表于 2025-3-27 01:46:58
Blockchain-Based Over-the-Counter FMIs,on easily leads to inconsistencies in registration and impedes the free transfer of product ownership; the business involves many parties, resulting in low efficiency and a high cost of information exchange; and the market is not transparent or fully visible to regulators, putting investors at a risk of loss.欲望小妹 发表于 2025-3-27 07:22:15
http://reply.papertrans.cn/19/1893/189274/189274_33.png谷物 发表于 2025-3-27 12:26:41
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http://reply.papertrans.cn/19/1893/189274/189274_35.pngappall 发表于 2025-3-27 19:45:33
Book 2022rsus delivery (DvD) or payment versus payment (PvP) and other exchange-of-value methods. This book further studies how to carry out opening positions, end-of-day settlement of margin, forced liquidation and settlement at maturity, for exchange-traded derivatives, such as futures and options, under tMettle 发表于 2025-3-27 22:42:51
9楼率直 发表于 2025-3-28 03:32:24
9楼frenzy 发表于 2025-3-28 07:16:41
9楼Acquired 发表于 2025-3-28 14:06:50
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