This Week: WFE finds that permissionless DLT increases trading costs; JonesTrading/LiquidityBook & more
WFE finds that permissionless DLTincreases trading costs
The World Federation of Exchanges has published a study that warns that technologies without trusted third-party oversight, such as permissionless distributed ledger technology (DLT) can be harmful to overall market quality, despite radically reducing settlement times in certain instances.
The research suggests that adopting Bitcoin blockchain increases the costs of making a trade as well as the price reaction once the trade has been made
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