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DTCC and GFT Say Distributed Ledger Platform Can Support U.S. Equities Trading Volumes

In a new study, the Depository Trust & Clearing Corporation ("DTCC") concluded that a distributed ledger platform has the capacity to support average daily trading volumes in the U.S. equity market of more than 100 million trades per day. DTCC cautioned that the study only tested basic functionality and that additional work is needed to determine whether the technology can meet resiliency, security and regulatory requirements.

In a separate independent study, Gesellschaft für Technologietransfer ("GFT"), a provider of business, IT and software services, concluded that a distributed ledger platform can process upwards of 27,000 trades per second for a sustained period of time, exceeding peak U.S. equity trading volumes.

Primary Sources

  1. DTCC Press Release: DTCC Announces Study Results Demonstrating That DLT Can Support Trading Volumes in U.S. Equity Markets
  2. GFT Press Relase: GFT Tests Performance of Digital Asset Platform, Exceeding Peak Equity Trade Volumes

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Tags

Regulated Entities
Markets
Sub-Entity
Clearing Organizations
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
DTCC