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@Daniel Schwartz - CDM is for derivatives and does not have much take-up what makes it relevant in this context? Further points that Daniel made...
- CDM is for OTC products (not identifiable products, i.e. one with cusips, etc)
- CDM is also for longer term contracts (Not one day contracts)
Answers:
- CDM extensions into EQD and FXO are no longer confined to OTC
- Longer term contracts using CDM can result in payments being triggered on the CBDC or other payment networks, having a lifetime contract (not message based instructions like ISO20022) can result in these economic events linked to multiple payments.