kaal:claim:3411110-009

Running an alternative trading system on a blockchain cures the ATS system's traditional price discovery latency, because every trade is posted to a public ledger that everyone can access.

Source quote, verbatim

By creating an ATS that trades securities over blockchain, there is no latency in price discovery, which has traditionally been a criticism of the ATS system. This is because every trade is posted to a public ledger to which everyone has access.

From

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), II. Overstock Blockchain Securities Offering, p. 9
https://ssrn.com/abstract=3411110 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

Holds when

ATS operating on a public blockchain ledger

Classification

mechanismsupport: arguedeconomicsdisclosureblockchain

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