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CDS trades pass "blockchain" test

Thursday, April 07, 2016

Bank of America Merrill Lynch, Citi, Credit Suisse and JP Morgan successfully complete test trade with DTCC and Markit

TAGS: CDS

Comment by: Anonymous. Posted 8 years ago [2016-04-09 14:17:30]

Ironic! I'd say CDS is not the right place to begin with blockchain and smart contracts. The great flaw of CDS is the ambiguity and uncertainty of Credit Events. That's not at all amenable to blockchain. Better to start with spot FX - which JPM is already doing.

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Funds

Debtwire FY23 US Direct Lender Rankings 1 day ago
AXA wins USD 400m for SRT strategy from US pension fund 1 day ago
Blue Owl brings sovereign wealth fund deputy CIO onboard 1 day ago
Australian private credit fund-of-funds launched for retail investors 2 days ago
New Mexico pension system approves USD 150m top-up to distressed debt fund 2 days ago

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