Digital exchanges nipping at the heels of slow-to-evolve players
Six Group sees the digitalisation of capital markets entering the mainstream for the good of companies and investors
Add BT as a preferred sourceClaudia Tan HS
Singapore
TRADITIONAL exchanges should brace themselves for stiffer competition, given the emergence of a growing number of regulated digital players that are set to make a wider range of assets tradable, Jos Dijsselhof, the chief executive of the Swiss stock exchange operator Six Group, has said.
Using distributed ledger technology, digital securities exchanges enable quicker, cost-effective transactions, while also paving the way for access to alternative assets, which may otherwise be available only to financial institutions or ultra-high-net-worth investors.
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