Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  1. @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...
    1. CDM is for OTC products (not identifiable products, i.e. one with cusips, etc) 
    2. CDM is also for longer term contracts (Not one day contracts) 
  2. Answers:
    1. CDM extensions into EQD and FXO are no longer confined to OTC
    2. Longer term contracts using CDM can result in an economic event that can trigger payments on the CBDC or other payment networks. Having a lifetime product lifecycle contract (not message based instructions like ISO20022) can result in these economic events linked to multiple payments. CDM does not directly address payments.

...