Would a blockchain short locate system make Reg SHO obsolete?

Overstock.com has been in the news recently, as it works to market its T0 short sale locates platform to the prime brokerage market. The twist with T0 is that it is based on blockchain technology, which inherently could eliminate the problem of “over locates” on hard to borrow securities. Is the T0 service about to revolutionize the securities lending industry? Or is it just the latest incarnation of a long list of ventures intended to centralize and commercialize the locates process?
This content requires registration. Get access today by signing up here.

 

 

 

Related Posts

Previous Post
Who should be counterparties to central banks? (Premium)
Next Post
NEX launches EMIR RTS rewrite tool

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account