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Application US20200151818
Published 2020-05-14
Systems And Methods For Distributed-ledger Based Intraday Trading
Systems and methods for distributed ledger-based intraday trading are disclosed. In one embodiment, a method may include: receiving a digital representation of an amount of collateral for a cash borrower; receiving a digital representation of an amount of cash for a cash provider; receiving agreement from the cash borrower and the cash provider to terms of an intraday trade comprising a duration of the intraday trade, a collateral trade amount of the collateral, and a cash trade amount of cash; a smart contract executing the intraday trade by providing the trade amount of the digital collateral to the cash provider and the cash trade amount of the digital cash to the cash borrower; and the smart contract returning the trade amount of the digital collateral to the cash borrower and the cash trade amount of the digital cash to the cash provider at the completion of the intraday trade.
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- 1. A method for distributed-ledger based intraday trading, comprising
in an information processing apparatus comprising at least one computer processor:
receiving, at a distributed ledger, a digital representation of an amount of collateral for a cash borrower;
receiving, at the distributed ledger, a digital representation of an amount of cash for a cash provider;
receiving, at the distributed ledger, agreement from the cash borrower and the cash provider to terms of an intraday trade comprising a duration of the intraday trade, a collateral trade amount of the collateral, and a cash trade amount of cash;
a smart contract executing the intraday trade by providing the trade amount of the digital collateral to the cash provider and the cash trade amount of the digital cash to the cash borrower; and
the smart contract returning the trade amount of the digital collateral to the cash borrower and the cash trade amount of the digital cash to the cash provider at the completion of the intraday trade.
- 11. A method for distributed-ledger based intraday trading, comprising
in an information processing apparatus comprising at least one computer processor:
receiving, at a distributed ledger, agreement from a cash borrower and a cash provider to terms of an intraday trade comprising a duration of the intraday trade, a collateral trade amount of the collateral, and a cash trade amount of cash;
receiving, at the distributed ledger, a digital representation of the collateral trade amount for a cash borrower;
receiving, at the distributed ledger, a digital representation of the cash trade amount for a cash provider;
a smart contract executing the intraday trade by providing the trade amount of the digital collateral to the cash provider and the cash trade amount of the digital cash to the cash borrower; and
the smart contract returning the trade amount of the digital collateral to the cash borrower and the cash trade amount of the digital cash to the cash provider at the completion of the intraday trade.
