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The draft version of the whitepaper is available. Please provide reviews and comments on the whitepaper below.
Review:
- @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 (See Mani's comment below:
CDM is now being adopted by multiple industry associations such as ISLA, ICMA and FinOS to address FX Options, Repos, Security Finance etc. )
- Longer term contracts using CDM can result in an economic event that can trigger payments on the CBDC or other payment networks. Having a 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.
- CDM extensions into EQD and FXO are no longer confined to OTC (See Mani's comment below:
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