kaal:claim:3411110-017

The net and compress model used by post trade service providers exists because not every trade must be processed; on some estimates, processing every trade would require an additional 2.9 million orders per day.

Source quote, verbatim

According to some estimates, if every trade needs to be processed, providers would need to process an additional 2.9 million orders a day.

From

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), III.4 Impact on Traditional Market-Participants, p. 18
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

post trade service providers serving large investors

Classification

empiricalsupport: evidencedinstitutional-design

Verify

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