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Nasdaq CEO Highlights Blockchain’s Potential in Post-Trade and Settlement

The chief executive points to post-trade processes, settlement mechanisms, and other financial operations as key areas for blockchain transformation.

Summary

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Terms & Concepts
  • Blockchain technology: A decentralized digital ledger that records transactions securely across multiple computers.
  • Post-trade: Processes that occur after a trade is executed, including clearance, settlement, and record-keeping.
  • Settlement: The completion of a transaction where the transfer of funds and securities between parties occurs.