Six turnovers over $5billion a day has announced that it is to launch a Digital Exchange/ CEO Jos Dijsselh of Six recently said “The fact is, it takes two days for the buyer of a stock to become the owner. The trade itself only takes a fraction of a second, but after that payments have to be settled and titles transferred. If we put it all on our digital exchange, then the whole process takes only a few seconds. This makes the market more efficient, but at the same time also takes risks out of the system.”
Comments like this from such a respected exchange must surely make other traditional exchanges reflect a little…
