JP Morgan DLT exec: Settlement rails needed for digital bonds to gain traction
At an Afme conference, Scott Lucas, head of markets DLT for JP Morgan, noted DLT’s progress in the bond space. Others said the tech has a long way to go before wider adoption.
Will distributed-ledger technology (DLT) take off as an infrastructure for financial markets? This was the question that dominated conversation at the Association for Financial Markets in Europe’s (Afme’s) Bond Trading, Innovation, and Evolution Forum on Tuesday, February 27. Market participants from the buy side and sell side turned to issuances of digital bonds to illustrate the virtues and limitations of the technology.
Scott Lucas, head of markets DLT at JP Morgan, said these issuances had
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