Nasdaq has created a blockchain platform for rapid coverage of margin calls

Nasdaq has created a blockchain platform for rapid coverage of margin calls
On Tuesday, the exchange operator Nasdaq announced that its clearing division, together with the securities service provider ABN Amro Clearing and the financial companies EuroCCP and Euroclear, has developed a blockchain platform for transferring collateral to central counterparties when trading in securities.
The press release says that the platform will help to cover the margin calls (request for additional funds from the broker) through a distributed network of traders, brokers, and intermediaries.
Nasdaq undertook the development of a ...
Read more about "Nasdaq has created a blockchain platform for rapid coverage of margin calls" on coinatory.com

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