...
The word taxonomy is used to describe the process of classification of entities or concepts including a rationale for such classification. There can be multiple taxonomies based on the criteria used for classification. In the first cut, this classification relies on the flow of
Types of securities
- Bonds
- Equities
Activities connected to securities, i.e. tokens that encode rights and obligations to the underlying cash-flows from business activities. The flow is:
Securitization-Issuance-Pretrade-Trading-Settlement-Hedging-secondary Trading-Market making-Risk Calculations-Custody-Corporate Actions