Yao Qian from the Technology Bureau of the Securities Regulatory Commission: Blockchain-based OTC Derivatives Financial Infrastructure
In order to support efficient matching, confirmation, execution, clearing, and reporting of over-the-counter derivatives trading, it is necessary to further build a unified, open, efficient, compliant, and robust over-the-counter derivatives infrastructure platform that can be executed automatically, based on existing standardization efforts. This will achieve higher operational efficiency, more consistent regulatory compliance, better data quality, and market transparency.
