A $1.6 Quadrillion Opportunity - Securities Clearing and Settlement
summary
Claims that blockchains can cut settlement from days to minutes target a real $1.6 quadrillion market cleared by DTCC and aim to eliminate costly reconciliations (about $1.2B in systems spend plus much higher headcount). Firms build permissioned ledger prototypes and product pilots — for example NASDAQ Private Market integrating Chain — focused on syndicated loans, OTC derivatives, FX, repo and private equity. Regulators favor reduced opacity; throughput, privacy and vendor‑risk are current hurdles. Pilots look promising but full replacement is incremental and takes roughly 3–5 years.
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chapters (6)
- 0:00Start
- 1:03Hans Morris
- 1:55Brad Peterson
- 17:58Nasdaq Private Market
- 30:01Transaction Throughput Rate
- 39:02Syndicated Loans
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