https://www.ft.com/content/2a428156-ab1e-11e6-9cb3-bb8207902122
"SEC approves vast surveillance system for stock marketSystem will monitor trading data passing daily across US equity and options trading"
"The next step is to choose who will build the system. Three bidders;
Financial Industry Regulatory Authority
SunGard Data Systems and
Thesys Technologies
Singapore: http://www.bloomberg.com/news/articles/2016-11-16/singapore-working-on-interbank-payments-blockchain-with-r3-dbs
- Banks will deposit cash as collateral in exchange for digital currency issued by the central bank
- Participating banks can pay each other directly with this digital currency instead of first sending payment instructions through MAS
- Banks can later redeem the digital currency for cash
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