# kaal:claim:3411110-017

**Claim.** 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.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- post trade service providers serving large investors

**Source quote.**

> 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, page 18

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

**Verify.** sha256 of source PDF `c7626eeb7642045b79f8745df1f7232a8fe8bc44a1f7e87b592850e35b392b50` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Evans%20-%202019%20-%20Blockchain-Based%20Securities%20Offerings.pdf

**Topics.** institutional-design

**Keywords.** net-and-compress, post-trade, clearing, scalability, throughput

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