Central Market Platforms
“Central market platform” is not exactly a standard term used in finance, nor does it roll off the tongue. The term refers to exchanges, interbank brokers and electronic trading systems. These platforms are the background providers of the financial market’s matchmaking between buyers and sellers for standardized financial products. A standardized financial product is one that is so commonly traded that the financial market participants have over the years agreed to a number of standards. Most public shares, public debt and most derivatives that are traded are considered standardized products.
Exchanges and the products they trade are well known in the financial markets, for example a UK stock that trades on the London ...
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